Zip 57321 (Canova, SD) Economy


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United States / South Dakota / No Metro Area / Miner County / Canova / Canova (zip 57321)
Canova, SD 57321 is an ideal place to call home due to its relatively low cost of living. The 2 bedroom rent in the area is only $910 per month, which is significantly lower than the US average of $1,430. Additionally, Canova boasts a low Grocery Cost Index of 97 versus 100 in the US, making it great for those who are looking to save on groceries. For those seeking work in the area, local companies include South Dakota Grain & Feed Co., GLS Distributing, and J&D Agronomy.

Canova (zip 57321) has an unemployment rate of 3.8%. The US average is 6.0%.

Canova (zip 57321) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.

Tax Rates for Canova (zip 57321)
- The Sales Tax Rate for Canova (zip 57321) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Canova (zip 57321) 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 Canova (zip 57321)
- The average income of a Canova (zip 57321) resident is $21,495 a year. The US average is $28,555 a year.
- The Median household income of a Canova (zip 57321) resident is $67,813 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanova, South DakotaUnited States
  3.86
  -4.4%-6.2%
  25.3%33.5%
  4.5%6.2%
  0.0%4.6%
  $25,568$37,638
  $67,813$69,021
  $81,250$85,028
  Population by Occupation
  16.1%1.2%
  0.0%0.5%
  11.8%6.8%
  25.8%10.0%
  0.0%2.5%
  9.7%11.0%
  2.2%4.8%
  0.0%0.8%
  0.0%1.9%
  1.6%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  0.0%4.2%
  15.6%9.3%
  8.1%14.0%
  0.0%2.1%
  2.2%7.0%
  2.7%4.8%
  3.2%4.7%
Health