Bowdle, South Dakota is a small rural town with a population of around 500 people. The cost of living is quite low in Bowdle since the average rent for a 2 bedroom apartment is only $840 per month, which is much lower than the national average of $1,430. The grocery cost index in Bowdle is 95 compared to 100 in the US. This means that grocery costs are slightly lower than in other parts of the country. Some local businesses include K&K Grocery Store, Weaver's Repair and Towing Services, Bowdle Ag Services, and B&W Septic Tank Cleaning. These businesses provide residents with necessary goods and services to make life more convenient and enjoyable.
Bowdle has an unemployment rate of 2.8%. The US average is 6.0%.
Bowdle has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Bowdle
- The Sales Tax Rate for Bowdle is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Bowdle 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 Bowdle
- The average income of a Bowdle resident is $30,005 a year. The US average is $28,555 a year.
- The Median household income of a Bowdle resident is $65,313 a year. The US average is $69,021 a year.