Zip 57345 (Highmore, SD) Economy


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United States / South Dakota / No Metro Area / Hyde County / Highmore / Highmore (zip 57345)
57345 Highmore, SD is a great place to live with a reasonable cost of living. The average 2 bedroom rent in the area is $830 compared to the US average of $1,430. The grocery cost index for 57345 Highmore, SD is 97 versus the US average of 100. This means that groceries are more affordable in this location than the national average.
In terms of businesses, 57345 Highmore, SD has many local companies that are worth checking out. These include Highmore Pharmacy and Gifts, The Filling Station Cafe & Gift Shop, Rosser’s Bar & Grill, Crossroads Café & Bakery, and Highmore Market and Bakery. All these companies offer good services and products at a reasonable price making them popular destinations among locals.

Highmore (zip 57345) has an unemployment rate of 1.7%. The US average is 6.0%.

Highmore (zip 57345) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.

Tax Rates for Highmore (zip 57345)
- The Sales Tax Rate for Highmore (zip 57345) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Highmore (zip 57345) 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 Highmore (zip 57345)
- The average income of a Highmore (zip 57345) resident is $26,439 a year. The US average is $28,555 a year.
- The Median household income of a Highmore (zip 57345) resident is $66,836 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHighmore, South DakotaUnited States
  1.76
  -0.9%-6.2%
  19.8%33.5%
  4.5%6.2%
  0.0%4.6%
  $34,643$37,638
  $66,836$69,021
  $83,542$85,028
  Population by Occupation
  25.9%1.2%
  0.0%0.5%
  6.2%6.8%
  3.2%10.0%
  4.8%2.5%
  8.2%11.0%
  6.0%4.8%
  0.4%0.8%
  8.9%1.9%
  1.8%4.7%
  0.0%1.9%
  3.0%7.6%
  0.0%0.1%
  0.0%4.2%
  8.7%9.3%
  10.5%14.0%
  0.5%2.1%
  2.5%7.0%
  4.4%4.8%
  5.0%4.7%
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