Elmira, SD is a small town situated in the center of South Dakota. It offers a peaceful atmosphere and low cost of living for its residents. The average rent for two-bedroom apartments is just $900 compared to the U.S. average of $1,430 – a significant savings. Grocery prices in Elmira are also competitive when compared across states, with an index score of 100 compared to the national average score of 100 as well. Local businesses include stores such as Walmart, Kmart as well as pharmacies like CVS and Walgreens. There are several churches and parks in the area that provide community activities throughout the year. With affordable housing options, large retailers and plenty to do it's no wonder Elmira is a great place to call home.
Elmira has an unemployment rate of 3.5%. The US average is 6.0%.
Elmira has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Elmira
- The Sales Tax Rate for Elmira is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Elmira 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 Elmira
- The average income of a Elmira resident is $23,540 a year. The US average is $28,555 a year.
- The Median household income of a Elmira resident is $97,431 a year. The US average is $69,021 a year.