Floyd, SD is a small town located in the rural area of South Dakota. While it might not be the most metropolitan place, it has plenty to offer. The cost of living in Floyd is quite reasonable; for example, two bedroom rent can be as low as $850 per month and the grocery cost index is slightly lower than the US with 96 versus 100. Floyd also provides employment opportunities at companies such as Anderson Seed & Supply and O'Neill Veterinary Clinic. With its low costs of living and attractive businesses, Floyd is an ideal place to live for those who enjoy a peaceful countryside lifestyle.
Floyd has an unemployment rate of 3.3%. The US average is 6.0%.
Floyd has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 11.4%, which is lower than the US average of 33.5%.
Tax Rates for Floyd
- The Sales Tax Rate for Floyd is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Floyd 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 Floyd
- The average income of a Floyd resident is $25,310 a year. The US average is $28,555 a year.
- The Median household income of a Floyd resident is $107,750 a year. The US average is $69,021 a year.