Colome, SD is a small town located in the heart of rural America. The town offers a peaceful and quiet lifestyle with affordable living costs. In fact, the 2 bedroom rent in Colome is about $800 compared to $1,430 in the US. The grocery cost index is also lower than most US cities at 96 versus 100. This makes living in Colome both financially and culturally rewarding. There are several local businesses that contribute to the community such as Brown's Grocery Store and K&K Services. These companies provide employment opportunities as well as goods and services to locals and visitors alike. With its low cost of living, friendly people, and thriving local businesses, Colome is an ideal place to call home.
Colome has an unemployment rate of 2.2%. The US average is 6.0%.
Colome has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Colome
- The Sales Tax Rate for Colome is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Colome 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 Colome
- The average income of a Colome resident is $22,558 a year. The US average is $28,555 a year.
- The Median household income of a Colome resident is $52,578 a year. The US average is $69,021 a year.