57110 Sioux Falls, SD is a vibrant, bustling community located in the eastern part of South Dakota. It's population is just over 180,000 people, making it the largest city in the state. The cost of living is relatively low as 2 bedroom rent in Sioux Falls runs around $1,010 while the US average is $1,430. Grocery costs are also slightly lower than the US with an index of 102 compared to 100.
The local economy of 57110 Sioux Falls, SD is thriving and diverse with its own unique businesses and services. Companies such as Lewis Drug Store and Sanford Health provide quality goods and services for locals and visitors alike. The local government provides many amenities to its citizens including public transportation, parks and recreation programs as well as a variety of arts events throughout the year. Additionally, Sioux Falls hosts annual festivals like JazzFest that bring together residents from all over South Dakota to celebrate music, food, art, and culture; usually featuring live performances by world-renowned artists.
Sioux Falls (zip 57110) has an unemployment rate of 3.2%. The US average is 6.0%.
Sioux Falls (zip 57110) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Sioux Falls (zip 57110)
- The Sales Tax Rate for Sioux Falls (zip 57110) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sioux Falls (zip 57110) 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 Sioux Falls (zip 57110)
- The average income of a Sioux Falls (zip 57110) resident is $28,930 a year. The US average is $28,555 a year.
- The Median household income of a Sioux Falls (zip 57110) resident is $77,048 a year. The US average is $69,021 a year.