Zip 57052 (Olivet, SD) Economy


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United States / South Dakota / No Metro Area / Hutchinson County / No City / Olivet (zip 57052)
Olivet, South Dakota (zip code 57052) is a small town located in Brookings County. This idyllic town has plenty to offer residents- from local businesses to beautiful outdoor areas. Local companies in Olivet include Prosek Farms & Dairy, C&C Auto Parts, and Kountry Klassic Emporium. The cost of two bedroom rental apartments in Olivet averages at $900 per month; this is considerably cheaper than the national average of $1,430. Grocery items are also relatively affordable with an index of 97 versus 100 in the US. Olivet is a great place to live for those looking for a relaxed lifestyle on a budget!

Olivet (zip 57052) has an unemployment rate of 3.6%. The US average is 6.0%.

Olivet (zip 57052) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Olivet (zip 57052)
- The Sales Tax Rate for Olivet (zip 57052) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Olivet (zip 57052) 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 Olivet (zip 57052)
- The average income of a Olivet (zip 57052) resident is $24,524 a year. The US average is $28,555 a year.
- The Median household income of a Olivet (zip 57052) resident is $55,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOlivet, South DakotaUnited States
  3.66
  -0.1%-6.2%
  20.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $38,788$37,638
  $55,000$69,021
  $86,667$85,028
  Population by Occupation
  34.0%1.2%
  0.0%0.5%
  7.8%6.8%
  19.1%10.0%
  0.0%2.5%
  10.6%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  5.0%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  0.0%4.2%
  7.1%9.3%
  4.3%14.0%
  0.0%2.1%
  0.0%7.0%
  4.3%4.8%
  6.4%4.7%
Health