Bethel, SD is a small town in South Dakota with a population of approximately 200. It is known for its affordable living costs and the median 2 bedroom rent is $820 compared to the US average of $1,430. The Grocery Cost Index for Bethel is 97 versus 100 in the US. There are several local businesses in Bethel such as D & B Hardware, which sells hardware and home goods at competitive rates, and The Butcher's Block which provides quality butcher services at reasonable prices. Other services such as dry-cleaning can be found at Flair Cleaners or All-Star Dry Cleaning. Bethel also offers locally owned restaurants like Stony Point Cafe where patrons can enjoy a variety of delicious dishes.
Bethel has an unemployment rate of 2.7%. The US average is 6.0%.
Bethel has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Bethel
- The Sales Tax Rate for Bethel is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Bethel 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 Bethel
- The average income of a Bethel resident is $37,582 a year. The US average is $28,555 a year.
- The Median household income of a Bethel resident is $86,750 a year. The US average is $69,021 a year.