Zip 57241 (Hayti, SD) Economy


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United States / South Dakota / No Metro Area / Hamlin County / Hayti / Hayti (zip 57241)
Hayti is a small town located in 57241, South Dakota with a population of around 950 people. The median household income in 2017 was estimated to be around $55,028. For 2 bedroom rent the cost is $810 which is much lower than the US average of $1,430 and the Grocery Cost Index for Hayti is 99 versus 100 in the US.
The economy of Hayti is mainly based on agriculture as there are many family owned farms spread out throughout the area. Companies that are local to Hayti include The Pheasant Restaurant & Lounge, Papa's Place Bar & Grill, H&K Automotive Repair Inc., Huether Plumbing & Heating and Ed's Market just to name a few. Other interesting facts about this charming small town include its rich American Indian heritage that dates back centuries as well as being home to one of South Dakota’s oldest churches – The St Joseph’s Catholic Church which was built in 1892.

Hayti (zip 57241) has an unemployment rate of 2.6%. The US average is 6.0%.

Hayti (zip 57241) 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 28.0%, which is lower than the US average of 33.5%.

Tax Rates for Hayti (zip 57241)
- The Sales Tax Rate for Hayti (zip 57241) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hayti (zip 57241) 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 Hayti (zip 57241)
- The average income of a Hayti (zip 57241) resident is $20,853 a year. The US average is $28,555 a year.
- The Median household income of a Hayti (zip 57241) resident is $71,652 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHayti, South DakotaUnited States
  2.66
  0.8%-6.2%
  28.0%33.5%
  4.5%6.2%
  0.0%4.6%
  $28,688$37,638
  $71,652$69,021
  $79,688$85,028
  Population by Occupation
  7.6%1.2%
  0.0%0.5%
  23.1%6.8%
  11.5%10.0%
  0.9%2.5%
  21.8%11.0%
  0.9%4.8%
  1.1%0.8%
  0.0%1.9%
  3.1%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.2%9.3%
  13.3%14.0%
  0.0%2.1%
  1.3%7.0%
  4.3%4.8%
  1.8%4.7%
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