Roscoe, SD is a small town in South Dakota with a population of about 100 citizens. It is known for its low cost of living, with an average two-bedroom rent being $840 - much lower than the US average at $1,430. The grocery cost index in Roscoe is also comparatively low, at 98 compared to the US index of 100. This allows residents of Roscoe to stretch their money further and enjoy a relatively high quality of life.
Many local businesses have been established in Roscoe over the years, most notably Jakes Café, Joe's Hardware Store and LJF Farms produce store. Each business has served the local community by providing services and goods at prices that are more affordable than other parts of the state. This has allowed some residents to remain financially secure while still enjoying all that Roscoe has to offer.
Roscoe has an unemployment rate of 2.8%. The US average is 6.0%.
Roscoe 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 Roscoe
- The Sales Tax Rate for Roscoe is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Roscoe 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 Roscoe
- The average income of a Roscoe resident is $33,603 a year. The US average is $37,638 a year.
- The Median household income of a Roscoe resident is $47,813 a year. The US average is $69,021 a year.