Graceland, SD is a small city located in the United States. It offers affordable living with an average two bedroom rent of just $910 compared to the national average of $1,430. It also has relatively low grocery costs; the Grocery Cost Index is 97 versus a baseline of 100 in the US. Despite its small size, Graceland is home to many businesses and organizations such as The Bank of Graceland, Smith's Auto Parts and Service, and Graceland Animal Clinic. These local companies provide opportunities for residents to find employment and grow within the community.
Graceland has an unemployment rate of 3.5%. The US average is 6.0%.
Graceland has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Graceland
- The Sales Tax Rate for Graceland is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Graceland 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 Graceland
- The average income of a Graceland resident is $41,611 a year. The US average is $37,638 a year.
- The Median household income of a Graceland resident is $93,750 a year. The US average is $69,021 a year.