57231 De Smet, SD is a small city located in Kingsbury County. It has an estimated population of 628 people and a median household income of $50,127. The cost of living is lower than the US average, with 2 bedroom rent at $830 while the national average for 2 bedroom rent is $1,430. Additionally, the Grocery Cost Index in 57231 De Smet, SD is 98 versus 100 in the US. \nThe city of 57231 De Smet, SD has many local companies and restaurants where locals can spend their days off or leisure time. Some notable local businesses include De Smet Supermarket, De Smet Diner, Main Street Pizza & More and Trex Mart Express. For entertainment there are outdoor activities such as fishing or shopping at the Grand Prairie Mall or taking a walk along Lake Thompson Park. All these businesses make 57231 De Smet, SD an ideal place to live.
De Smet (zip 57231) has an unemployment rate of 3.2%. The US average is 6.0%.
De Smet (zip 57231) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 20.7%, which is lower than the US average of 33.5%.
Tax Rates for De Smet (zip 57231)
- The Sales Tax Rate for De Smet (zip 57231) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for De Smet (zip 57231) 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 De Smet (zip 57231)
- The average income of a De Smet (zip 57231) resident is $30,713 a year. The US average is $28,555 a year.
- The Median household income of a De Smet (zip 57231) resident is $72,639 a year. The US average is $69,021 a year.