Childstown, SD is a small town in the United States with a population of around 12,000 people. The cost of living is lower than the national average, with 2 bedroom rent costing $870 and the Grocery Cost Index being 97 compared to the national average of 100. Despite its small size, Childstown has a vibrant local economy supported by businesses such as Childstown Hardware and Supply Store, Crossroads Cafe & Bakery, and Halcomb's Art Supplies. The town's low cost of living makes it an attractive option for retirees wishing to enjoy its rural beauty while remaining on a tight budget.
Childstown has an unemployment rate of 2.8%. The US average is 6.0%.
Childstown has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Childstown
- The Sales Tax Rate for Childstown is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Childstown 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 Childstown
- The average income of a Childstown resident is $23,984 a year. The US average is $37,638 a year.
- The Median household income of a Childstown resident is $81,250 a year. The US average is $69,021 a year.