Sangamon, SD is a small town located in the heart of the state. It is a family-friendly place that offers peaceful living with plenty of opportunities for outdoor recreation. The cost of living in Sangamon is very affordable; two bedroom rental rates are only $740 compared to the US average of $1,430, and grocery costs are just 93 compared to 100 in the US. Local companies in Sangamon include Birch Tree Farms, an organic farm offering free-range eggs and fresh produce; The Rocky Mountain Inn, a cozy bed and breakfast; and Johnson’s Home Repair & Remodeling, which specializes in home renovations. With its low cost of living and friendly atmosphere, it’s no wonder why so many people choose to call Sangamon home.
Sangamon has an unemployment rate of 2.8%. The US average is 6.0%.
Sangamon 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 Sangamon
- The Sales Tax Rate for Sangamon is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Sangamon 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 Sangamon
- The average income of a Sangamon resident is $34,737 a year. The US average is $28,555 a year.
- The Median household income of a Sangamon resident is $131,458 a year. The US average is $69,021 a year.