Zip 57031 (Gayville, SD) Economy


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Gayville, located in Yankton County, South Dakota is a small community with a population of 57031. It offers affordable living as the 2 Bedroom Rent in Gayville is $830 compared to the US average of $1,430. In addition, groceries are also more affordable with a Grocery Cost Index of 98 versus 100 in the US. Located on Highway 50 and close to I-29, this small community has many local businesses that make it their home such as B&C Ace Hardware & Rental, Gayville Groceries & Video Store, and Boen Electric Inc.

Gayville (zip 57031) has an unemployment rate of 2.7%. The US average is 6.0%.

Gayville (zip 57031) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Gayville (zip 57031)
- The Sales Tax Rate for Gayville (zip 57031) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Gayville (zip 57031) 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 Gayville (zip 57031)
- The average income of a Gayville (zip 57031) resident is $46,883 a year. The US average is $37,638 a year.
- The Median household income of a Gayville (zip 57031) resident is $57,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGayville, South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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