Marion, South Dakota (57043) is an affordable place to live with the average 2 bedroom rent at $810, compared to the US average of $1,430. The grocery cost index in Marion is 97 versus 100 in the US. Local companies include Marion Manufacturing, Tuve Industries, Inc., and T&R Electric. Marion Manufacturing produces electrical enclosures and sheet metal fabrication. Tuve Industries manufactures large industrial steel beams for construction projects. T&R Electric provides electrical contracting services for agricultural applications and residential customers alike. With these local companies available, purchasing goods and services are made convenient for those living in Marion.
Marion (zip 57043) has an unemployment rate of 2.8%. The US average is 6.0%.
Marion (zip 57043) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Marion (zip 57043)
- The Sales Tax Rate for Marion (zip 57043) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Marion (zip 57043) 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 Marion (zip 57043)
- The average income of a Marion (zip 57043) resident is $35,535 a year. The US average is $37,638 a year.
- The Median household income of a Marion (zip 57043) resident is $65,833 a year. The US average is $69,021 a year.