Brookings, South Dakota (zip code 57006) is a great place to live for those who need an affordable place to call home. The average two bedroom rent in Brookings is $850, which is considerably lower than the US average of $1,430. Aside from inexpensive housing costs, Brookings has a Grocery Cost Index of 101 which is slightly higher than the US index of 100.
For those looking to make Brookings their new home base, there are numerous local businesses providing goods and services including Subway, Kum & Go convenience store, Pizza Ranch restaurant, Hy-Vee Grocery Store and Specialty Insurance Agency. There are also several local banks like Dacotah Bank and First Bank & Trust. In addition to these services there are large employers such as Daktronics Inc., Larson Manufacturing Co., Raven Industries Inc., and South Dakota State University that provide many job opportunities in the area.
Brookings (zip 57006) has an unemployment rate of 3.1%. The US average is 6.0%.
Brookings (zip 57006) 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 (zip 57006)
- The Sales Tax Rate for Brookings (zip 57006) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Brookings (zip 57006) 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 (zip 57006)
- The average income of a Brookings (zip 57006) resident is $23,573 a year. The US average is $28,555 a year.
- The Median household income of a Brookings (zip 57006) resident is $55,838 a year. The US average is $69,021 a year.