Liberty township (Hutchinson Cnty), SD is an ideal place to live with a great balance of affordability and access to amenities. The average rent for a 2 bedroom apartment here is $890, which is much lower than the national average of $1,430. Additionally, grocery cost index in Liberty township (Hutchinson Cnty), SD is 98 compared to 100 on the US calculation. There are several local companies that make this area attractive for residents and visitors alike. For example, Stansbury Global Industries provides high-quality machining services to businesses in Hutchinson county; while Farmers Mutual Hail Insurance Company offers insurance options such as crop hail insurance to farmers throughout the region. These companies have been providing quality services for many years, making them an important part of the local economy.
Liberty township (Hutchinson County) has an unemployment rate of 3.6%. The US average is 6.0%.
Liberty township (Hutchinson County) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Liberty township (Hutchinson County)
- The Sales Tax Rate for Liberty township (Hutchinson County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Liberty township (Hutchinson County) 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 Liberty township (Hutchinson County)
- The average income of a Liberty township (Hutchinson County) resident is $29,545 a year. The US average is $37,638 a year.
- The Median household income of a Liberty township (Hutchinson County) resident is $59,760 a year. The US average is $69,021 a year.