Zip 57384 (Wolsey, SD) Economy


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Wolsey, SD is an idyllic small town with a population of just over 500 people and many local businesses. The average two bedroom rent in the area is $810, significantly cheaper than the US average of $1,430. Similarly, the Grocery Cost Index in Wolsey is 98 versus 100 in the US. Some of the local companies include Adler's Hardware Store, Jody's Bakery, and O'Neil's Garage. Adler's Hardware Store has been a staple in Wolsey since its founding in 1940 and continues to provide quality tools and supplies to this day. Jody's Bakery has been serving delicious donuts and pastries for over 20 years and is a great spot for breakfast or lunch. Finally, O'Neil's Garage is a full-service auto repair shop that has been keeping cars on the road for decades. Wolsey epitomizes small town vibrance with its friendly locals and bustling businesses.

Wolsey (zip 57384) has an unemployment rate of 3.0%. The US average is 6.0%.

Wolsey (zip 57384) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Wolsey (zip 57384)
- The Sales Tax Rate for Wolsey (zip 57384) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Wolsey (zip 57384) 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 Wolsey (zip 57384)
- The average income of a Wolsey (zip 57384) resident is $36,292 a year. The US average is $28,555 a year.
- The Median household income of a Wolsey (zip 57384) resident is $57,969 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWolsey, South DakotaUnited States
  36
  -3.2%-6.2%
  26.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $32,881$37,638
  $57,969$69,021
  $82,986$85,028
  Population by Occupation
  17.7%1.2%
  0.0%0.5%
  11.5%6.8%
  4.3%10.0%
  2.7%2.5%
  7.6%11.0%
  5.6%4.8%
  0.0%0.8%
  0.4%1.9%
  2.7%4.7%
  0.0%1.9%
  1.4%7.6%
  0.4%0.1%
  9.2%4.2%
  9.6%9.3%
  6.3%14.0%
  0.4%2.1%
  5.9%7.0%
  6.3%4.8%
  8.1%4.7%
Health