57722 Buffalo Gap, SD is an ideal place to live for those looking for a quiet and peaceful environment. The two bedroom rent in this area is quite affordable at just $1,050 compared to the US average of $1,430. Additionally, grocery cost index in Buffalo Gap is 97 versus the 100 average of the US, making it an attractive option for budget conscious families.
The local economy is primarily based on ranching and farming industry, with several cattle and sheep ranches located within the town’s outskirts. Local businesses include Black Hills Cattle Co., Badger Clark Memorial Society, Buffalo Gap Trading Post and Tongue River Ranch Supplies. These companies offer job opportunities to local residents as well as goods and services necessary for everyday living in this small rural town.
Buffalo Gap (zip 57722) has an unemployment rate of 4.3%. The US average is 6.0%.
Buffalo Gap (zip 57722) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Buffalo Gap (zip 57722)
- The Sales Tax Rate for Buffalo Gap (zip 57722) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Buffalo Gap (zip 57722) 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 Buffalo Gap (zip 57722)
- The average income of a Buffalo Gap (zip 57722) resident is $28,308 a year. The US average is $37,638 a year.
- The Median household income of a Buffalo Gap (zip 57722) resident is $0 a year. The US average is $69,021 a year.