Zip 57245 (Kranzburg, SD) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Kranzburg, SD is an ideal place to live for those looking for a place to call home. This small town of only 57245 people offers affordable living with two bedroom rent averaging $910 and grocery costs at a 97 index. It also offers close proximity to major companies such as Sanford Health, 3M, and Dacotah Paper Company. These three companies provide major economic support in the area, as well as offering local residents great job opportunities. With its low cost of living and convenient location near these large organizations, Kranzburg is a great place to consider when looking for a new home.

Kranzburg (zip 57245) has an unemployment rate of 3.5%. The US average is 6.0%.

Kranzburg (zip 57245) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.

Tax Rates for Kranzburg (zip 57245)
- The Sales Tax Rate for Kranzburg (zip 57245) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Kranzburg (zip 57245) 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 Kranzburg (zip 57245)
- The average income of a Kranzburg (zip 57245) resident is $28,033 a year. The US average is $28,555 a year.
- The Median household income of a Kranzburg (zip 57245) resident is $63,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKranzburg, South DakotaUnited States
  3.56
  -2.6%-6.2%
  25.8%33.5%
  6.5%6.2%
  0.0%4.6%
  $25,718$37,638
  $63,750$69,021
  $87,917$85,028
  Population by Occupation
  11.7%1.2%
  0.0%0.5%
  14.4%6.8%
  8.1%10.0%
  3.6%2.5%
  20.7%11.0%
  13.5%4.8%
  0.0%0.8%
  0.0%1.9%
  5.4%4.7%
  0.0%1.9%
  0.9%7.6%
  0.0%0.1%
  2.7%4.2%
  0.0%9.3%
  11.7%14.0%
  0.0%2.1%
  3.6%7.0%
  1.8%4.8%
  1.8%4.7%
Health