Brookings, SD Metro Area is a great place to live with affordable rent and grocery costs. Prices for a two bedroom rental unit are around $870 per month compared to the national average of $1,430. The Grocery Cost Index in Brookings is 99 versus 100 in the US, making it more affordable to buy food here. Local companies include Daktronics Inc., 3M Company and Raven Industries Inc., which provide employment opportunities in research, engineering and manufacturing sectors. For those looking for entertainment there are several local attractions including McCrory Gardens and Arboretum, Swiftel Center and Children's Museum of South Dakota, as well as a variety of parks and trails to explore.
Brookings Metro Area has an unemployment rate of 3.1%. The US average is 6.0%.
Brookings Metro Area has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Brookings Metro Area
- The Sales Tax Rate for Brookings Metro Area is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Brookings Metro Area 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 Brookings Metro Area
- The average income of a Brookings Metro Area resident is $29,775 a year. The US average is $37,638 a year.
- The Median household income of a Brookings Metro Area resident is $59,178 a year. The US average is $69,021 a year.