Zip 57433 (Columbia, SD) Economy


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Columbia, South Dakota is a great place to live with a cost of living that's well below the national average. Rent for a two-bedroom apartment in Columbia is just $820, which is about 41% lower than the national average of $1,430. Groceries are also relatively inexpensive in Columbia; the grocery cost index here is 97 as compared to 100 nationwide. Local companies in Columbia include Tyson Foods, Sanford Health, 3M Company, Wells Fargo Bank, and Sanford Clinic. All of these companies provide employment opportunities for people looking to settle down in this area. Whether you're looking for an affordable cost of living or quality job opportunities, Columbia is an ideal location to call home.

Columbia (zip 57433) has an unemployment rate of 3.0%. The US average is 6.0%.

Columbia (zip 57433) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Columbia (zip 57433)
- The Sales Tax Rate for Columbia (zip 57433) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Columbia (zip 57433) 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 Columbia (zip 57433)
- The average income of a Columbia (zip 57433) resident is $42,410 a year. The US average is $37,638 a year.
- The Median household income of a Columbia (zip 57433) resident is $66,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbia, South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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