Blackhawk, SD is a small city that offers many amenities and attractions for its residents. It is known for its low cost of living relative to the national average. The median two bedroom rent in Blackhawk is $1,080 compared with $1,430 nationally. Furthermore, grocery costs are also far below the US index score of 100 at just 100. This relative affordability makes Blackhawk an attractive residence for those looking to affordably live in South Dakota.
Local businesses in Blackhawk include Walmart Supercenter, Mcdonald's, Papa John's Pizza, Dollar Tree and Taco Bell. These companies are major employers in the area as well as sources of goods and services for local residents. With a growing population and more people seeking affordable housing opportunities in the area, it can be expected that more businesses will move into Blackhawk providing more employment opportunities and products to local citizens. Additionally, rents are likely to remain low given the competition between landlords for tenants in the area.
Blackhawk has an unemployment rate of 3.3%. The US average is 6.0%.
Blackhawk has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Blackhawk
- The Sales Tax Rate for Blackhawk is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Blackhawk 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 Blackhawk
- The average income of a Blackhawk resident is $25,381 a year. The US average is $28,555 a year.
- The Median household income of a Blackhawk resident is $71,786 a year. The US average is $69,021 a year.