Big Stone, SD is a small town located in the eastern region of South Dakota. This quaint town offers a cost of living that is much lower than the national average. Rent for a 2 bedroom apartment is $830, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Big Stone stands at 98 versus 100 in the US, further illustrating that cost of living in this town is significantly lower than elsewhere. Although small and peaceful, Big Stone offers plenty to do! Local companies and features that make Big Stone unique include The Bear's Den Barber Shop, Wolf’s Creek Sports Bar & Grill, and renowned fishing spots like Elbow Lake. Whether you are looking for a relaxing weekend getaway or an affordable place to call home, Big Stone has something for everyone!
Big Stone has an unemployment rate of 4.6%. The US average is 6.0%.
Big Stone has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Big Stone
- The Sales Tax Rate for Big Stone is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Big Stone 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 Big Stone
- The average income of a Big Stone resident is $32,703 a year. The US average is $28,555 a year.
- The Median household income of a Big Stone resident is $90,652 a year. The US average is $69,021 a year.