Zip 57534 (Hamill, SD) Economy


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United States / South Dakota / No Metro Area / Tripp County / No City / Hamill (zip 57534)
57534 Hamill, South Dakota is a small town located in the southeastern part of the state. It has a population of approximately 400 people and offers a relaxed and peaceful atmosphere for those looking to escape the hustle and bustle of city life. The 2 Bedroom rent in Hamill is $900, which is considerably lower than the national average of $1,430. Furthermore, groceries cost index in this area is 99 versus 100 in the US, making it a great place for those on a budget. There are many local businesses that serve the local community such as Johnny's Discount Store, A&J Auto Repair and P & S Financing Center. These companies provide essential goods and services to residents in Hamill and have been doing so for many years.

Hamill (zip 57534) has an unemployment rate of 2.2%. The US average is 6.0%.

Hamill (zip 57534) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.

Tax Rates for Hamill (zip 57534)
- The Sales Tax Rate for Hamill (zip 57534) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hamill (zip 57534) 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 Hamill (zip 57534)
- The average income of a Hamill (zip 57534) resident is $23,309 a year. The US average is $28,555 a year.
- The Median household income of a Hamill (zip 57534) resident is $51,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHamill, South DakotaUnited States
  2.26
  -2.1%-6.2%
  23.1%33.5%
  4.5%6.2%
  0.0%4.6%
  $28,588$37,638
  $51,667$69,021
Family Median Income 85028
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