Zip 57472 (Selby, SD) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / South Dakota / No Metro Area / Walworth County / Selby / Selby (zip 57472)
Selby, South Dakota is a wonderful place to live. With a population of 574 people, it is small enough to offer an old-fashioned sense of community but large enough to provide all the services and amenities that you need. The average two-bedroom rent in Selby is $820 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Selby is 92 versus 100 in the US making food more affordable here.
Selby has several businesses providing essential services to its inhabitants such as Scotty's Gas & Grocery, Farmers Union Oil Co., and D&J Coffee Shop & Restaurant. There are also many churches located within the town making it easy for residents to practice their faith without having to travel far from home. Despite its small size, Selby offers plenty of activities for its residents including fishing in nearby Swan Lake or camping at Swan Creek Campground. With its low cost of living and strong sense of community, Selby makes an ideal place to settle down and enjoy life in South Dakota.

Selby (zip 57472) has an unemployment rate of 6.1%. The US average is 6.0%.

Selby (zip 57472) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.

Tax Rates for Selby (zip 57472)
- The Sales Tax Rate for Selby (zip 57472) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Selby (zip 57472) 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 Selby (zip 57472)
- The average income of a Selby (zip 57472) resident is $21,552 a year. The US average is $28,555 a year.
- The Median household income of a Selby (zip 57472) resident is $66,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySelby, South DakotaUnited States
  6.16
  0.1%-6.2%
  21.8%33.5%
  4.5%6.2%
  0.0%4.6%
  $27,699$37,638
  $66,875$69,021
  $74,728$85,028
  Population by Occupation
  34.6%1.2%
  0.0%0.5%
  2.0%6.8%
  4.4%10.0%
  3.4%2.5%
  10.8%11.0%
  4.4%4.8%
  1.7%0.8%
  0.0%1.9%
  4.7%4.7%
  0.0%1.9%
  0.5%7.6%
  0.0%0.1%
  2.7%4.2%
  6.9%9.3%
  6.9%14.0%
  2.2%2.1%
  7.6%7.0%
  1.5%4.8%
  5.9%4.7%
Health