Fulton, South Dakota is a small town located in Turner County with a population of just 57340. It is located close to several major cities, making it an excellent area for commuters. The average rent for a two-bedroom apartment is $850, which is significantly lower than the national average of $1,430. Additionally, the cost of living index in Fulton is 98 compared to 100 in the US.
The economy in Fulton consists primarily of small businesses and companies. Local businesses include Hallack Auto Service and Repair for automotive repair services; JB’s Greenhouse & Floral for floral arrangements; Fulton Veterinary Clinic for veterinary services; and Brown Tire Company LLC for tires and automotive parts. In addition to these local services, residents also enjoy access to several major chain stores such as Walmart Supercenter and Lowe’s Home Improvement.
Fulton (zip 57340) has an unemployment rate of 4.4%. The US average is 6.0%.
Fulton (zip 57340) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Fulton (zip 57340)
- The Sales Tax Rate for Fulton (zip 57340) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Fulton (zip 57340) 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 Fulton (zip 57340)
- The average income of a Fulton (zip 57340) resident is $29,677 a year. The US average is $37,638 a year.
- The Median household income of a Fulton (zip 57340) resident is $63,750 a year. The US average is $69,021 a year.