Big Stone City, SD has become a popular destination for those seeking affordable living. The town is home to several established businesses such as Big Stone ABC Company, Big Stone CDE Company, and Big Stone XYZ Company. With two bedroom rent averaging at $820 per month, significantly lower than the US average of $1,430, it is an ideal location for young professionals or families looking to save money. In addition, the grocery cost index in Big Stone City is 97 compared to the US average of 100; further highlighting the city’s affordability. With its reasonable prices and reliable businesses, it’s no wonder why many are making their way to Big Stone City.
Big Stone City has an unemployment rate of 4.6%. The US average is 6.0%.
Big Stone City 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 City
- The Sales Tax Rate for Big Stone City is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Big Stone City 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 City
- The average income of a Big Stone City resident is $26,291 a year. The US average is $28,555 a year.
- The Median household income of a Big Stone City resident is $57,708 a year. The US average is $69,021 a year.