Zip 57420 (Akaska, SD) Economy


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United States / South Dakota / No Metro Area / Walworth County / Akaska / Akaska (zip 57420)
Akaska, South Dakota is a small town located in Campbell County with a population of only 174 residents. The town offers a variety of services for its residents including groceries, restaurants, and other services. The two bedroom rent in Akaska is $850 which is much lower than the US average of $1,430 making it an attractive place to live for those looking to save money on rent. Additionally, the grocery cost index in Akaska is 95 versus 100 in the US so groceries are relatively affordable when compared to other areas.
The local economy consists mainly of farming and ranching with Fick Farms being one of the largest employers in town. Other businesses such as Thorson Hardware & Grocery and C&J Café provide additional employment opportunities. Akaska also has a volunteer fire department that helps keep residents safe from fires. Overall, Akaska provides an economical lifestyle with plenty of local job opportunities for its citizens.

Akaska (zip 57420) has an unemployment rate of 6.1%. The US average is 6.0%.

Akaska (zip 57420) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.

Tax Rates for Akaska (zip 57420)
- The Sales Tax Rate for Akaska (zip 57420) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Akaska (zip 57420) 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 Akaska (zip 57420)
- The average income of a Akaska (zip 57420) resident is $30,374 a year. The US average is $28,555 a year.
- The Median household income of a Akaska (zip 57420) resident is $34,844 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAkaska, South DakotaUnited States
  6.16
  0.1%-6.2%
  21.8%33.5%
  6.5%6.2%
  0.0%4.6%
  $17,794$37,638
  $34,844$69,021
Family Median Income 85028
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