Buffalo, SD is a small town located in South Dakota. It is home to many local businesses such as Buffalo Trading Co., Bobs' Bakery, and Klima Financial Strategies. The town also has an average 2 bedroom rent of $820 which is relatively low compared to the US average of $1,430. Additionally, Buffalo's Grocery Cost Index is 97 which is slightly lower than the national average of 100. This means that groceries are cheaper in Buffalo than most other places around the country.
Buffalo has an unemployment rate of 2.4%. The US average is 6.0%.
Buffalo has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 15.8%, which is lower than the US average of 33.5%.
Tax Rates for Buffalo
- The Sales Tax Rate for Buffalo is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Buffalo 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 Buffalo
- The average income of a Buffalo resident is $33,426 a year. The US average is $37,638 a year.
- The Median household income of a Buffalo resident is $63,750 a year. The US average is $69,021 a year.