Trent, SD is a small town with a population of about 5,000 people. The 2 Bedroom apartment rent in Trent is much lower than the national average at $840 compared to $1,430. Additionally, the Grocery Cost Index in Trent is 97 versus 100 in the US. This makes it more affordable for people living in this area. There are several businesses that are locally owned within Trent such as Trent Lumber and Supply, Damm Printing Services, and T&H Motors that contribute to the local economy. These companies provide competitive pricing when compared to larger national companies making them great options for residents of Trent.
Trent has an unemployment rate of 3.2%. The US average is 6.0%.
Trent has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Trent
- The Sales Tax Rate for Trent is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Trent 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 Trent
- The average income of a Trent resident is $33,657 a year. The US average is $37,638 a year.
- The Median household income of a Trent resident is $46,750 a year. The US average is $69,021 a year.