Buffalo County, SD Economy


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United States / South Dakota / No Metro Area / Buffalo County / Cities / Zip Codes
Buffalo, SD County is an affordable place to live, with an average 2 bedroom rent of $880, which is lower than the national average rent of $1,430. The cost of groceries in Buffalo, SD County is also lower than the nation-wide average with a grocery cost index of 95 versus 100 in the US. This makes living in Buffalo, SD County quite attractive for those looking for an affordable place to settle down. There are numerous local businesses and resources in Buffalo, SD County that provide essential services and goods for its residents. Some of these include SpeeDee Oil Change & Auto Service, Days Inn by Wyndham Buffalo/Sioux Falls Area and DaRosa Landscaping. These establishments are all located within the county and offer great services to those who live there.

Buffalo County has an unemployment rate of 4.1%. The US average is 6.0%.

Buffalo County has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 19.4%, which is lower than the US average of 33.5%.

Tax Rates for Buffalo County
- The Sales Tax Rate for Buffalo County is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Buffalo County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Buffalo County
- The average income of a Buffalo County resident is $11,719 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo County resident is $38,523 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuffalo, South DakotaUnited States
  4.16
  0.8%-6.2%
  19.4%33.5%
  4.5%6.2%
  0.0%4.6%
  $12,056$37,638
  $38,523$69,021
  $41,071$85,028
  Population by Occupation
  12.5%1.2%
  0.0%0.5%
  5.0%6.8%
  2.5%10.0%
  0.0%2.5%
  11.0%11.0%
  1.3%4.8%
  0.5%0.8%
  0.5%1.9%
  3.5%4.7%
  4.5%1.9%
  3.2%7.6%
  0.0%0.1%
  3.7%4.2%
  11.3%9.3%
  13.0%14.0%
  9.7%2.1%
  4.0%7.0%
  2.7%4.8%
  11.2%4.7%
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