Zip 57788 (Vale, SD) Economy


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United States / South Dakota / No Metro Area / Butte County / Vale / Vale (zip 57788)
57788 Vale, SD is a small town with many great amenities. From the content provided above, it is noted that the two bedroom rent is $1,100 in this location which is significantly lower than the US average of $1,430. Additionally, it's grocery cost index is 105 versus 100 in the US. This means that grocery costs are slightly higher than most other locations but still affordable for families to live here. \nLocal companies include Sturgis Motorcycle Museum and Hall of Fame, Fort Meade Mennonite Church and South Dakota Department of Transportation. These businesses provide additional employment opportunities for people who are looking to make 57788 Vale their home. In addition, there are numerous restaurants and shopping centers located in the area making this town an ideal place for people seeking to enjoy local attractions and amenities without breaking the bank.

Vale (zip 57788) has an unemployment rate of 3.6%. The US average is 6.0%.

Vale (zip 57788) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.

Tax Rates for Vale (zip 57788)
- The Sales Tax Rate for Vale (zip 57788) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Vale (zip 57788) 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 Vale (zip 57788)
- The average income of a Vale (zip 57788) resident is $20,979 a year. The US average is $28,555 a year.
- The Median household income of a Vale (zip 57788) resident is $55,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVale, South DakotaUnited States
  3.66
  -3.7%-6.2%
  23.3%33.5%
  4.5%6.2%
  0.0%4.6%
  $19,816$37,638
  $55,000$69,021
  $100,719$85,028
  Population by Occupation
  35.4%1.2%
  2.1%0.5%
  7.1%6.8%
  2.5%10.0%
  0.0%2.5%
  8.3%11.0%
  0.0%4.8%
  2.9%0.8%
  2.1%1.9%
  14.6%4.7%
  0.0%1.9%
  1.3%7.6%
  0.0%0.1%
  0.0%4.2%
  1.7%9.3%
  17.5%14.0%
  0.0%2.1%
  0.0%7.0%
  3.3%4.8%
  1.3%4.7%
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