Zip 57062 (Springfield, SD) Economy


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United States / South Dakota / No Metro Area / Bon Homme County / Springfield / Springfield (zip 57062)
57062 Springfield, South Dakota is an affordable place to live - the average 2 bedroom rental rate is just $720 compared to the US average of $1,430. The cost of grocery items in this zip code is also lower than the national average, with an index score of 97 versus 100. This makes it a great choice for those looking for a budget-friendly location. Local businesses in 57062 include JD's Welding & Fabrication, A&K Feed Service, and Lucky Lyle Landscaping. Each of these companies offer excellent services such as welding repairs, feed supplies, and landscaping maintenance. With prices that are lower than many other areas of the country as well as quality services offered by local businesses, 57062 Springfield is a great place to call home.

Springfield (zip 57062) has an unemployment rate of 3.0%. The US average is 6.0%.

Springfield (zip 57062) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.

Tax Rates for Springfield (zip 57062)
- The Sales Tax Rate for Springfield (zip 57062) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Springfield (zip 57062) 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 Springfield (zip 57062)
- The average income of a Springfield (zip 57062) resident is $16,387 a year. The US average is $37,638 a year.
- The Median household income of a Springfield (zip 57062) resident is $47,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringfield, 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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