Akaska, SD is a small city located in the northeastern part of the state, with a population of around 1,000 people. It has an affordable cost of living and boasts numerous amenities including great schools and ample shopping opportunities. Residents enjoy local businesses like Akaska Country Store and The Retreat Bakery & Cafe as well as other services such as banks and medical facilities. Two bedroom rent in Akaska is approximately $820 per month compared to the national average of $1,430 - making it an attractive destination for renters seeking budget-friendly housing. Furthermore, groceries are much cheaper in Akaska than they are on average across the United States with a Grocery Cost Index score of 95 versus 100 nation-wide. All these factors make Akaska an attractive place to live for those who want to save money without sacrificing convenience or comfort.
Akaska has an unemployment rate of 6.1%. The US average is 6.0%.
Akaska has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 21.8%, which is lower than the US average of 33.5%.
Tax Rates for Akaska
- The Sales Tax Rate for Akaska is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Akaska 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 Akaska
- The average income of a Akaska resident is $28,677 a year. The US average is $28,555 a year.
- The Median household income of a Akaska resident is $50,750 a year. The US average is $69,021 a year.