Colton, SD is a small town in Minnehaha County located just south of Sioux Falls. It is the perfect location for those looking for an affordable and quiet lifestyle. The average two bedroom rent in Colton is significantly less than the national average, which makes it a great choice for those trying to save money on housing. Additionally, grocery costs are also much lower when compared to other places in the country.
The town has many local businesses that provide goods and services to residents. For example, there's Jensen Auto Service, where you can take your cars for repairs or maintenance; Colton Motorsports, where you can purchase new and used motorcycles and ATVs; and Southside Grocery for your weekly grocery needs.
In addition to these shops, there are plenty of amenities that make living in Colton enjoyable. There are several parks nearby, including Lake Alvin Recreational Area with its camping grounds and beach area; as well as Prairie Creek Conservation Area offering fishing and wildlife watching opportunities. The town also has a library, movie theater, bowling alley, golf course, and more. All these amenities make living in Colton an exciting experience!
Colton has an unemployment rate of 3.2%. The US average is 6.0%.
Colton has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Colton
- The Sales Tax Rate for Colton is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Colton 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 Colton
- The average income of a Colton resident is $22,577 a year. The US average is $28,555 a year.
- The Median household income of a Colton resident is $70,481 a year. The US average is $69,021 a year.