Bangor, SD is a small town situated in the Midwestern region of the United States. It is known for its affordable housing and the low cost of living, with a two bedroom rent of only $860 compared to the national average of $1,430. Additionally, grocery items in Bangor are slightly cheaper than those of other parts of the country with a Grocery Cost Index rating of 99. The community has a wide range of local businesses, including banks like BankWest, stores like Kohlman's Grocery Store and hardware stores such as Larson Lumber & Hardware. The town also has plenty to offer in terms of recreational activities, from its city parks to its fun-filled festivals. Bangor truly provides an excellent balance between affordability and quality living.
Bangor has an unemployment rate of 3.1%. The US average is 6.0%.
Bangor 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 Bangor
- The Sales Tax Rate for Bangor is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Bangor 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 Bangor
- The average income of a Bangor resident is $89,674 a year. The US average is $28,555 a year.
- The Median household income of a Bangor resident is $113,500 a year. The US average is $69,021 a year.