Clayton, SD is a small town located in the eastern part of the state. Despite its size, it has much to offer and is a great place to live. The cost of living is significantly lower than other parts of the country, with an average 2 bedroom rent of $880 compared to $1,430 in the US. In addition, grocery costs in Clayton are 98 compared to 100 nationally. This makes it accessible for people on a budget or those who are just starting out. Local businesses include restaurants such as La Petite Biscuit Bakery & Cafe, Driftless Market and Grocery Store, and The Main Street Tap Room Bar & Grill. There are also shops like Prairie Boutique and Vermillion Valley Clothing Co., along with services like No Place Like Home Homecare Services and Durand Automotive Repair. Clayton has plenty to offer its residents and visitors alike!
Clayton has an unemployment rate of 3.6%. The US average is 6.0%.
Clayton has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Clayton
- The Sales Tax Rate for Clayton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Clayton 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 Clayton
- The average income of a Clayton resident is $37,885 a year. The US average is $28,555 a year.
- The Median household income of a Clayton resident is $64,063 a year. The US average is $69,021 a year.