Clinton, SD is a small town located in South Dakota with an estimated population of 2,327 residents. It is known for its farming and agricultural industry and for local companies such as Tyndall Veterinary Clinic, Ambulance Service, and Clinton Lumberyard. The cost of living in Clinton, SD is quite low compared to the rest of the US. For example, the average rent for a two bedroom apartment here is $820 which is significantly lower than the national average of $1,430. Similarly, the Grocery Cost Index in Clinton is 99 versus 100 in the US. All these factors make it an ideal place for those looking to purchase or rent a property at an affordable rate.
Clinton has an unemployment rate of 3.8%. The US average is 6.0%.
Clinton has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 25.3%, which is lower than the US average of 33.5%.
Tax Rates for Clinton
- The Sales Tax Rate for Clinton is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Clinton 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 Clinton
- The average income of a Clinton resident is $23,169 a year. The US average is $28,555 a year.
- The Median household income of a Clinton resident is $45,455 a year. The US average is $69,021 a year.