Davison County, SD Economy


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United States / South Dakota / / Davison County / Cities / Zip Codes
Davison, SD County is a great place to live with many amenities and opportunities. The area offers affordable housing, with two bedroom rents averaging $850 compared to the national average of $1,430. Additionally, the cost of groceries in Davison county is lower than the US average; the Grocery Cost index is 98 versus 100. This might be attributed to the presence of local companies that can make fresh items available at more competitive prices. Local businesses like Grandma’s Bakery, First Choice Produce and Craft Meats offer fresh goods and quality ingredients which could help keep prices low for locals.

Davison County has an unemployment rate of 2.9%. The US average is 6.0%.

Davison 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 20.8%, which is lower than the US average of 33.5%.

Tax Rates for Davison County
- The Sales Tax Rate for Davison County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Davison 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 Davison County
- The average income of a Davison County resident is $25,544 a year. The US average is $28,555 a year.
- The Median household income of a Davison County resident is $50,900 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDavison, South DakotaUnited States
  2.96
  -2.5%-6.2%
  20.8%33.5%
  4.5%6.2%
  0.0%4.6%
  $30,789$37,638
  $50,900$69,021
  $80,231$85,028
  Population by Occupation
  4.8%1.2%
  0.1%0.5%
  6.7%6.8%
  12.1%10.0%
  2.9%2.5%
  11.9%11.0%
  2.6%4.8%
  0.6%0.8%
  2.6%1.9%
  5.2%4.7%
  0.8%1.9%
  4.4%7.6%
  0.0%0.1%
  1.4%4.2%
  7.0%9.3%
  17.5%14.0%
  1.2%2.1%
  7.0%7.0%
  6.1%4.8%
  5.1%4.7%
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