Argo, SD is located in Clay County with a population of just over 500. It's a small community that offers plenty of peace and quiet. Despite its small size, Argo has several local companies such as Grover Family Farm, Argo Repair Shop, and South Dakota Crop Services. The cost of living in Argo is quite reasonable; for example, 2 bedroom rent costs $880 compared to the US average of $1,430. Furthermore, groceries are slightly cheaper with an index score of 98 compared to 100 in the US. Overall, Argo is an excellent place to live if you're looking for a peaceful atmosphere at a low cost.
Argo has an unemployment rate of 3.1%. The US average is 6.0%.
Argo has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Argo
- The Sales Tax Rate for Argo is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Argo 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 Argo
- The average income of a Argo resident is $32,554 a year. The US average is $28,555 a year.
- The Median household income of a Argo resident is $71,500 a year. The US average is $69,021 a year.