Clay, SD County is a small county located in South Dakota. It provides residents with an affordable cost of living and has many local businesses to serve the needs of the community. Companies such as Clay Trading Company, Clay Meadows Farm Supply, and Clay Auto Repair are just a few of the business establishments that provide goods and services to locals. The average rent for a 2-bedroom apartment is $870 per month which is significantly lower than the national average rent of $1,430. Additionally, the Grocery Cost Index in Clay, SD County is 97 compared to 100 nationally. This low cost of living makes it an attractive location for people looking for an affordable place to live or invest in property.
Clay County has an unemployment rate of 2.7%. The US average is 6.0%.
Clay County has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Clay County
- The Sales Tax Rate for Clay County is 6.2%. The US average is 7.3%.
- The Income Tax Rate for Clay 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 Clay County
- The average income of a Clay County resident is $28,259 a year. The US average is $37,638 a year.
- The Median household income of a Clay County resident is $56,077 a year. The US average is $69,021 a year.