Jefferson Township (Moody Cnty), SD is a small community located in the southeastern corner of South Dakota. It is surrounded by rolling hills, farmland, and lush forests. The township is home to a number of local businesses including Dairy Queen, Pizza Ranch, EconoLodge, Midcountry Bank, and Walmart. Despite its small size Jefferson Township offers an affordable cost of living with 2-bedroom rent averaging $730 compared to the US average of $1,430. This cost savings can also be seen in the grocery cost index where Jefferson Township has a score of 100 that matches the national average. Residents here benefit from the convenience of local amenities and services while still being able to save money on their cost of living.
Jefferson township (Moody County) has an unemployment rate of 3.2%. The US average is 6.0%.
Jefferson township (Moody County) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Jefferson township (Moody County)
- The Sales Tax Rate for Jefferson township (Moody County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Jefferson township (Moody County) is 0.0%. The US average is 4.6%.
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Income and Salaries for Jefferson township (Moody County)
- The average income of a Jefferson township (Moody County) resident is $47,293 a year. The US average is $37,638 a year.
- The Median household income of a Jefferson township (Moody County) resident is $96,875 a year. The US average is $69,021 a year.