Whitewood, SD is a small town located in Meade County with a population of just over 400 people. It is known for its friendly atmosphere and welcoming community. The average 2 Bedroom rent in Whitewood is $770, much lower than the US average of $1,430. Additionally, the grocery cost index in Whitewood is 102 versus 100 in the US showing that overall it has a cheaper cost of living than other areas. Some local companies in Whitewood include Crop Production Services Inc., R&R Manufacturing LLC, and Smitty's Service Station. This small town provides an excellent opportunity for those who want to invest their time or money into businesses due to the low overhead costs associated with running them here.
Whitewood has an unemployment rate of 3.0%. The US average is 6.0%.
Whitewood has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Whitewood
- The Sales Tax Rate for Whitewood is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Whitewood 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 Whitewood
- The average income of a Whitewood resident is $18,345 a year. The US average is $28,555 a year.
- The Median household income of a Whitewood resident is $56,000 a year. The US average is $69,021 a year.