Income & Economy in Tea, SD

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$104,643

+43% vs national

Per Capita Income

$39,177

+5% vs national

Poverty Rate

4.4%

-68% vs national

Gini Index

0.3147

0 = perfect equality

Unemployment

1.9%

-64% vs national

SNAP Recipients

4.3%

of households

How Tea Compares

Source: Census ACS (2023)

Tea vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Tea is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Tea. The median household income here is $104,643.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
7.0%
$25-50K
5.1%
$50-75K
15.1%
$75-100K
17.8%
$100-150K
25.5%
$150-200K
16.5%
$200K+
13.0%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

1.9%

-62% vs SD avg

Labor Force

3,722

Employed

3,614

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

23.3%

of adults 25+

High School Diploma+

33.4%

of adults 25+

Median Age

29.7

Work from Home

16.1%

of workers

The median household income in Tea, SD is $104,643, which is 42.9% above the national average of $73,224. Per capita income is $39,177. The poverty rate of 4.4% is lower than the SD state average of 14.8%. The Gini index of income inequality is 0.3147, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 1.9%, compared to the state average of 4.9%. 23.3% of adults hold a bachelor's degree or higher.