Faulk, SD County is a great place to live with its low rent and grocery costs. It is an ideal location to find affordable housing for small families or individuals. There are various local companies in the area such as Faulk City Bank, Faulk Dental Care, and Faulk Textiles. These local businesses provide valuable services to the community such as banking, healthcare, and manufacturing. The cost of living in Faulk is much lower than the national average which makes it an attractive place to reside.
Faulk County has an unemployment rate of 2.2%. The US average is 6.0%.
Faulk County has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Faulk County
- The Sales Tax Rate for Faulk County is 5.7%. The US average is 7.3%.
- The Income Tax Rate for Faulk 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 Faulk County
- The average income of a Faulk County resident is $28,080 a year. The US average is $37,638 a year.
- The Median household income of a Faulk County resident is $53,056 a year. The US average is $69,021 a year.