Hosmer, SD is a small town located in Edmunds County. The town has many local businesses such as Hosmer Grocery Store, Hosmer Family Pharmacy, and the Hosmer Country Club. Residents in Hosmer enjoy a low cost of living compared to the US average, with an average 2 bedroom rent of only $730 compared to the US average of $1,430. The local grocery cost index is also 93 versus 100 in the US. It is easy to see why many people choose to live in this charming little town with its low costs and high quality of life.
Hosmer has an unemployment rate of 2.8%. The US average is 6.0%.
Hosmer has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Hosmer
- The Sales Tax Rate for Hosmer is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hosmer 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 Hosmer
- The average income of a Hosmer resident is $15,547 a year. The US average is $28,555 a year.
- The Median household income of a Hosmer resident is $41,563 a year. The US average is $69,021 a year.