Naples, SD is a small town located in South Dakota. It is known for its low cost of living and friendly atmosphere. The average rent for two bedrooms is around $840, which is significantly less than the US average of $1,430. The grocery cost index in Naples is 98 versus 100 in the US, making food items relatively inexpensive. Some local companies include Byre’s Repair & Fabrication Inc., Cenex Country Store, and Farm Bureau Financial Services. All three provide quality products and services to the community at competitive prices. Visitors to Naples can expect to find a welcoming atmosphere with plenty of options for dining and shopping at affordable prices.
Naples has an unemployment rate of 3.6%. The US average is 6.0%.
Naples has seen the job market increase by 14.3% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Naples
- The Sales Tax Rate for Naples is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Naples 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 Naples
- The average income of a Naples resident is $29,657 a year. The US average is $37,638 a year.
- The Median household income of a Naples resident is $125,000 a year. The US average is $69,021 a year.