West Point, SD is an ideal location for those who are looking to relocate. The average two-bedroom rent rate in West Point is substantially lower than the national average, making it very affordable for those on a budget. Additionally, the cost of groceries in West Point is one percent below the US average, meaning you can stretch your dollars further than in most other places. West Point is also home to several businesses and attractions, such as Monroe Veterinary Clinic, Kittleson Automotive Repair, Trotters Tavern & Grill, and Schilz Park. All these local companies provide residents with opportunities for employment and entertainment. There is something for everyone in this quaint town!
West Point has an unemployment rate of 2.4%. The US average is 6.0%.
West Point has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for West Point
- The Sales Tax Rate for West Point is 6.5%. The US average is 7.3%.
- The Income Tax Rate for West Point 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 West Point
- The average income of a West Point resident is $40,893 a year. The US average is $28,555 a year.
- The Median household income of a West Point resident is $156,375 a year. The US average is $69,021 a year.