Zip 57701 (Rapid City, SD) Economy


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Rapid City, SD, Zip Code 57701 is a bustling city with many amenities and opportunities. The two bedroom rent is competitively priced at $950 compared to the US average of $1,430. Moreover, the grocery cost index in Rapid City is 99 which is close to the US average of 100. This makes Rapid City an ideal location for those seeking an affordable lifestyle without sacrificing quality of living. Some local businesses in Rapid City include Rushmore Plaza Civic Center, Black Hills Playhouse, Sanford Health, and Sturgis Motorcycle Rally & Races offering a variety of employment opportunities and recreational activities.

Rapid City (zip 57701) has an unemployment rate of 3.1%. The US average is 6.0%.

Rapid City (zip 57701) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Rapid City (zip 57701)
- The Sales Tax Rate for Rapid City (zip 57701) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Rapid City (zip 57701) 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 Rapid City (zip 57701)
- The average income of a Rapid City (zip 57701) resident is $21,413 a year. The US average is $28,555 a year.
- The Median household income of a Rapid City (zip 57701) resident is $50,721 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRapid City, South DakotaUnited States
  3.16
  -2.0%-6.2%
  35.5%33.5%
  6.5%6.2%
  0.0%4.6%
  $30,537$37,638
  $50,721$69,021
  $68,549$85,028
  Population by Occupation
  0.8%1.2%
  0.3%0.5%
  9.2%6.8%
  5.6%10.0%
  1.6%2.5%
  14.6%11.0%
  3.5%4.8%
  0.9%0.8%
  1.1%1.9%
  6.6%4.7%
  2.0%1.9%
  4.1%7.6%
  0.1%0.1%
  3.6%4.2%
  6.5%9.3%
  18.4%14.0%
  1.2%2.1%
  11.3%7.0%
  4.5%4.8%
  4.0%4.7%
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