Mayfield, SD is a small city located in the midwestern region of the United States. It is home to several local businesses such as Mayfield Construction, Kinney HVAC, and The Flower Shoppe. With its moderate population size and affordable cost of living, Mayfield has become an attractive destination for those looking to live a comfortable life without breaking the bank. 2 Bedroom Rent in Mayfield is just $790 compared to the US average of $1,430 - making it one of the most affordable places to live in the country. Similarly, grocery costs in Mayfield are about 4% lower than the national average index - providing residents with extra savings each month. All factors considered, it’s easy to see why so many people have chosen to call Mayfield home.
Mayfield has an unemployment rate of 2.7%. The US average is 6.0%.
Mayfield has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Mayfield
- The Sales Tax Rate for Mayfield is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Mayfield 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 Mayfield
- The average income of a Mayfield resident is $24,419 a year. The US average is $28,555 a year.
- The Median household income of a Mayfield resident is $66,250 a year. The US average is $69,021 a year.