Blooming Valley, SD is a small city located in the heart of South Dakota. It is a great place to live with many local businesses such as ABC Auto Repair, Smith’s Grocery Store, and Donuts & More Cafe. The cost of living is relatively low with two bedroom rent prices averaging at $810 compared to $1,430 in the US. The grocery cost index in Blooming Valley is 95 compared to 100 in the US. Residents can enjoy plenty of amenities such as golf courses, public parks, and various restaurants all located within walking distance from each other. With its friendly atmosphere and affordable lifestyle, Blooming Valley is an ideal place to call home.
Blooming Valley has an unemployment rate of 4.6%. The US average is 6.0%.
Blooming Valley has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Blooming Valley
- The Sales Tax Rate for Blooming Valley is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Blooming Valley 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 Blooming Valley
- The average income of a Blooming Valley resident is $27,064 a year. The US average is $28,555 a year.
- The Median household income of a Blooming Valley resident is $78,750 a year. The US average is $69,021 a year.