Carthage is a small town located in the southeastern corner of South Dakota. With a population of 57323, it is a great place to live if you're looking for some peace and quiet. The cost of living in Carthage is relatively low with 2 bedroom rent averaging only $740 per month, compared to the national average of $1,430. Grocery costs are also lower here with an index score of 91 compared to the US average of 100.
The local economy in Carthage mainly revolves around agriculture and farming. Some notable companies in Carthage include Carthage Farmers Elevator Cooperative, Farmers Alliance Mutual Insurance Company, and F & N Big Stu Farm Supply. As well as agriculture, there are several small businesses in the area including banks, restaurants, and local stores.
Carthage (zip 57323) has an unemployment rate of 3.8%. The US average is 6.0%.
Carthage (zip 57323) has seen the job market decrease by -4.4% 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 Carthage (zip 57323)
- The Sales Tax Rate for Carthage (zip 57323) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Carthage (zip 57323) 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 Carthage (zip 57323)
- The average income of a Carthage (zip 57323) resident is $29,255 a year. The US average is $37,638 a year.
- The Median household income of a Carthage (zip 57323) resident is $57,083 a year. The US average is $69,021 a year.