Wellington, SD is a small town located in the eastern part of South Dakota. It is home to around 1,000 residents and offers many amenities for those who choose to live there. The town houses several local businesses such as Wellington Automotive, Wellington Bank & Trust, and Sanderson Implement Co. In addition to the convenience of these stores, the cost of living is also relatively affordable compared to other areas. For example, the 2 Bedroom Rent in Wellington is only $910 whereas the US average for this same type of rental is $1,430. Similarly, grocery costs are also lower in Wellington with an index score of 101 versus 100 throughout the rest of the US. All-in-all, this small South Dakota town has something for everyone and offers an affordable lifestyle for its inhabitants.
Wellington has an unemployment rate of 3.2%. The US average is 6.0%.
Wellington 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 Wellington
- The Sales Tax Rate for Wellington is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Wellington 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 Wellington
- The average income of a Wellington resident is $27,098 a year. The US average is $28,555 a year.
- The Median household income of a Wellington resident is $117,569 a year. The US average is $69,021 a year.