South Dakota 

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Economy in South Dakota

South Dakota has an unemployment rate of 2.8%. The US average is 5.2%.

South Dakota has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 38.0%.

Tax Rates for South Dakota
- The Sales Tax Rate for South Dakota is 6.5%. The US average is 6.0%.
- The Income Tax Rate for South Dakota is 0.0%. The US average is 4.6%.

Income and Salaries for South Dakota
- The average income of a South Dakota resident is $26,311 a year. The US average is $28,555 a year.
- The Median household income of a South Dakota resident is $50,338 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

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  ECONOMYSouth Dakota, South DakotaUnited States
  Unemployment Rate2.8%5.2%
  Recent Job Growth1.1%1.6%
  Future Job Growth39.5%38.0%
  Sales Taxes6.5%6.0%
  Income Taxes0.0%4.6%
  Income per Cap.$26,311$28,555
  Household Income$50,338$53,482
  Family Median Income$64,636$65,443
  POPULATION BY OCCUPATION
  Agriculture, forestry, fishing, hunting6.4%1.3%
  Mining, quarrying, oil and gas extraction0.6%0.6%
  Construction6.8%6.2%
  Manufacturing9.9%10.4%
  Wholesale trade3.0%2.7%
  Retail trade11.2%11.6%
  Transportation and warehousing3.3%4.1%
  Utilities00
  Information1.7%2.1%
  Finance and insurance6.1%4.7%
  Real estate, rental, leasing1.2%1.9%
  Professional, scientific, technical services3.3%6.7%
  Management of companies0.0%0.1%
  Administrative, support, waste mgt svcs2.6%4.3%
  Educational services8.8%9.3%
  Health care and social assistance15.3%13.8%
  Arts, entertainment, recreation2.1%2.2%
  Accommodation, food services7.2%7.4%
  Other services4.5%4.9%
  Public administration5.0%4.8%
ECONOMY MAP
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    Reviews for South Dakota    14 Reviews
    Quality of Life stinks unless have monry - 1/29/2016
    South Dakota is not a place for young or old poor people. Only the rich can enjoy this state The state does not care about the poor,kids,or elderly.Fine example cut... Read More

    Start Your Review of South Dakota


    Heart of America - 10/30/2013
    I've lived in South Dakota most of my life. I love this place I call home. There was a time when I hated it here, but now I can't imagine living anywhere else. Some... Read More

    Great place to live - 10/9/2011
    I am a person who has been around the world (Navy) and have lived everywhere from South Dakota to California, Hawaii, Florida, Virginia, Overseas in Naples, Spain,... Read More


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