Florence, South Dakota is a small city of around 57235 people located in Codington County. It is known for its affordable housing with the average 2 bedroom rent costing only $920 compared to the US average $1,430. Additionally, Florence also has a very competitive grocery cost index at 99 compared to the US standard of 100. This means that the groceries purchased in Florence will be slightly cheaper than those purchased elsewhere in the US. Popular companies with stores in Florence include Dollar General, Walmart, Hy-Vee and Fareway Grocery Store offering competitive prices on everyday goods.
Florence (zip 57235) has an unemployment rate of 3.5%. The US average is 6.0%.
Florence (zip 57235) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Florence (zip 57235)
- The Sales Tax Rate for Florence (zip 57235) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 57235) 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 Florence (zip 57235)
- The average income of a Florence (zip 57235) resident is $25,043 a year. The US average is $28,555 a year.
- The Median household income of a Florence (zip 57235) resident is $67,163 a year. The US average is $69,021 a year.