Brandon, South Dakota is a small town with a population of just over 6,000 people. Located in Minnehaha County, it has easy access to the nearby cities of Sioux Falls and Luverne. Residents in Brandon enjoy a low cost of living, with 2 bedroom rents averaging around $1,070 per month, which is significantly lower than the US average of $1,430. Grocery costs in Brandon are also slightly lower than the US national average at 102 index versus 100 for the US.
The city is home to large employers such as McQuay International and Sanford Health Systems, as well as smaller companies like Tom's Electric Ltd., Viking Bank Inc., and KJR Concrete Construction. Average wages in Brandon are competitive compared to other areas in South Dakota with salaries ranging from $35,000- $60,000 annually depending on experience and skillset. All in all Brandon is an affordable place to live with plenty of job opportunities.
Brandon (zip 57005) has an unemployment rate of 3.2%. The US average is 6.0%.
Brandon (zip 57005) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Brandon (zip 57005)
- The Sales Tax Rate for Brandon (zip 57005) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Brandon (zip 57005) 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 Brandon (zip 57005)
- The average income of a Brandon (zip 57005) resident is $28,629 a year. The US average is $28,555 a year.
- The Median household income of a Brandon (zip 57005) resident is $98,902 a year. The US average is $69,021 a year.