Presho, SD is a small town located in South Dakota. It is a quaint community with a population of approximately 1000 people. The cost of living in Presho is quite affordable, with the average two-bedroom rent being much lower than the US average at $840. Additionally, grocery costs are also lower than the national average by five points, making essential items more accessible for residents.
The businesses that make up the local economy in Presho include Farmers State Bank, Shultz Drug Store, and Presho Lumber Company. All three companies provide quality products and services to residents of the town as well as those from other nearby areas. Presho also has several public amenities including two parks and a library which offer recreational activities for all ages. There are also several churches in town that provide spiritual guidance to members of the community.
Presho has an unemployment rate of 4.3%. The US average is 6.0%.
Presho has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 15.4%, which is lower than the US average of 33.5%.
Tax Rates for Presho
- The Sales Tax Rate for Presho is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Presho is 0.0%. The US average is 4.6%.
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Income and Salaries for Presho
- The average income of a Presho resident is $36,626 a year. The US average is $37,638 a year.
- The Median household income of a Presho resident is $64,412 a year. The US average is $69,021 a year.