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Redstone, SD Economy
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Redstone, SD is a small city located in the heart of South Dakota. It is home to an array of local businesses that contribute to the town鈥檚 economic growth. Companies such as Redstone Hardware, Redstone Automotive, and Redstone Groceries are major contributors to the economy and offer great services for those who live in the area. The average rent for a two bedroom apartment in Redstone is $720, which is significantly lower than the national average of $1,430. Furthermore, Redstone has a grocery cost index rating of 91 compared to 100 in the United States. This makes it easier for residents to access necessary goods without breaking their budget.
Income by Population Percent
Economy
Redstone, South Dakota
United States
Unemployment Rate
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6
Recent Job Growth
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-6.2%
Future Job Growth
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33.5%
Sales Taxes
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6.2%
Income Tax
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4.6%
Income per Cap.
37638
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