Zip 57004 (Beresford, SD) Economy


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Beresford, South Dakota is a small town with a population of 5,700. It has a laid-back atmosphere and is known for its friendly people and vibrant community. The median 2 bedroom rental cost in Beresford is $860 per month. This is significantly lower than the national average of $1,430 per month. Additionally, the Grocery Cost Index in Beresford is 98 versus 100 in the US.
Beresford offers plenty of activities to keep residents entertained with a handful of local businesses such as Ace Hardware, Big’s Bar & Grill and Liberty Car Wash. For those who enjoy outdoor activities, there are several parks nearby such as Spillway Park and Wounded Knee Park. Residents can also head down to the local farmers market or take part in one of the various events organized by the town throughout the year such as their annual music festival or weekly car cruises hosted by local car clubs. With so many amenities available in this small town, it's no surprise that Beresford continues to be a popular destination for families and individuals alike.

Beresford (zip 57004) has an unemployment rate of 3.7%. The US average is 6.0%.

Beresford (zip 57004) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Beresford (zip 57004)
- The Sales Tax Rate for Beresford (zip 57004) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Beresford (zip 57004) 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 Beresford (zip 57004)
- The average income of a Beresford (zip 57004) resident is $28,396 a year. The US average is $28,555 a year.
- The Median household income of a Beresford (zip 57004) resident is $73,459 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeresford, South DakotaUnited States
  3.76
  -3.0%-6.2%
  25.0%33.5%
  6.5%6.2%
  0.0%4.6%
  $32,651$37,638
  $73,459$69,021
  $83,125$85,028
  Population by Occupation
  11.6%1.2%
  0.4%0.5%
  5.8%6.8%
  12.7%10.0%
  3.0%2.5%
  15.1%11.0%
  3.8%4.8%
  0.6%0.8%
  0.6%1.9%
  6.3%4.7%
  0.5%1.9%
  4.7%7.6%
  0.0%0.1%
  1.5%4.2%
  6.1%9.3%
  13.1%14.0%
  3.6%2.1%
  4.8%7.0%
  2.2%4.8%
  3.6%4.7%
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