Sverdrup, SD is a small town located in the United States. It has an estimated population of around 500 people. Rent for a two-bedroom apartment in Sverdrup is surprisingly low at $990 compared to the US average of $1,430. The Grocery Cost Index (GCI) in Sverdrup is also lower than the US average, with 102 versus 100. Residents of Sverdrup can take advantage of the lower cost of living as many local companies offer competitive wages including Broadleaf Construction Company, Hixson Realty Group, and O'Brien Auto Parts. Not only does Sverdrup have low rent and GCI costs but its employment opportunities make it an attractive place to live for many people looking to move away from expensive cities and settle down somewhere more affordable.
Sverdrup has an unemployment rate of 3.2%. The US average is 6.0%.
Sverdrup has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Sverdrup
- The Sales Tax Rate for Sverdrup is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Sverdrup 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 Sverdrup
- The average income of a Sverdrup resident is $34,077 a year. The US average is $28,555 a year.
- The Median household income of a Sverdrup resident is $78,542 a year. The US average is $69,021 a year.