Okreek, South Dakota is a rural community located in the heart of the Great Plains. It is a small town with a population of 57563. The cost of living is relatively low, with two-bedroom rents an affordable $580 per month. In comparison to the national average in the U.S., which is $1,430 for two bedrooms, it's clear that Okreek offers some great savings opportunities for its residents. Grocery costs are also lower with an index rating of 92 compared to 100 for the rest of the country.
Okreek residents have access to various local companies and services that make life more convenient and enjoyable. These include Rosebud Electric Cooperative providing electricity, Dakota Rural Action advocating for local issues in the state legislature, and Okreek School providing educational services from pre-K through 8th grade. Residents can also enjoy entertainment options like the Todd County Fairgrounds or take advantage of business opportunities at places like Aylesworths Meats & Catering or Okreek Feeds & Supply Incorporated. There are many more offerings in Okreek that make it an attractive place to live and work.
Okreek (zip 57563) has an unemployment rate of 4.4%. The US average is 6.0%.
Okreek (zip 57563) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 30.5%, which is lower than the US average of 33.5%.
Tax Rates for Okreek (zip 57563)
- The Sales Tax Rate for Okreek (zip 57563) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Okreek (zip 57563) 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 Okreek (zip 57563)
- The average income of a Okreek (zip 57563) resident is $8,813 a year. The US average is $37,638 a year.
- The Median household income of a Okreek (zip 57563) resident is $21,042 a year. The US average is $69,021 a year.