Stratford, South Dakota is a small town located in the northeast of the state with a population of 574 people. The 2 bedroom rent in this area is significantly lower than the US average at $820 per month, while grocery costs are 4% less than US prices. Stratford’s economy is primarily driven by agriculture, with some local businesses such as J&L Supply that provides construction materials, and Purkapile Auto Repair for car maintenance. In terms of tourism, Stratford offers access to diverse wildlife due to its location near several parks and preserves like Big Stone National Wildlife Refuge and Waubay Wetland Management District. It also has several historical sites like the old Stratford Schoolhouse Museum, as well as active recreation like golfing at Ulen Country Club.
Stratford (zip 57474) has an unemployment rate of 3.0%. The US average is 6.0%.
Stratford (zip 57474) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Stratford (zip 57474)
- The Sales Tax Rate for Stratford (zip 57474) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Stratford (zip 57474) 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 Stratford (zip 57474)
- The average income of a Stratford (zip 57474) resident is $27,670 a year. The US average is $37,638 a year.
- The Median household income of a Stratford (zip 57474) resident is $84,375 a year. The US average is $69,021 a year.