Zip 57385 (Woonsocket, SD) Economy


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United States / South Dakota / No Metro Area / Sanborn County / Woonsocket / Woonsocket (zip 57385)
Woonsocket, South Dakota, with its population of 573 has an average 2 Bedroom Rent of $830, which is just over half of the national average rental fee. People in need of a rental in Woonsocket could look to local businesses such as Avail Property Management LLC or HomeFront Properties LLC to help them find a suitable place to live. The Grocery Cost Index in Woonsocket is also lower than the US average; coming in at 96 compared to the US' 100. This means groceries will be slightly cheaper in Woonsocket than elsewhere.

Woonsocket (zip 57385) has an unemployment rate of 3.3%. The US average is 6.0%.

Woonsocket (zip 57385) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 11.4%, which is lower than the US average of 33.5%.

Tax Rates for Woonsocket (zip 57385)
- The Sales Tax Rate for Woonsocket (zip 57385) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Woonsocket (zip 57385) 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 Woonsocket (zip 57385)
- The average income of a Woonsocket (zip 57385) resident is $25,091 a year. The US average is $28,555 a year.
- The Median household income of a Woonsocket (zip 57385) resident is $53,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWoonsocket, South DakotaUnited States
  3.36
  0.7%-6.2%
  11.4%33.5%
  4.5%6.2%
  0.0%4.6%
  $29,156$37,638
  $53,250$69,021
  $62,969$85,028
  Population by Occupation
  16.1%1.2%
  0.0%0.5%
  4.1%6.8%
  13.6%10.0%
  7.0%2.5%
  9.5%11.0%
  2.8%4.8%
  0.0%0.8%
  3.6%1.9%
  6.5%4.7%
  0.0%1.9%
  0.4%7.6%
  0.1%0.1%
  0.0%4.2%
  10.5%9.3%
  12.7%14.0%
  1.0%2.1%
  1.5%7.0%
  4.3%4.8%
  6.2%4.7%
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