Box Elder, SD is a small town located in South Dakota. It boasts a population of just over 4,000 people and a charming atmosphere. This makes it an ideal location for those seeking affordable living prices. The median 2 bedroom rent price is $1,070 — significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Box Elder is equal to that of the United States at 100. Local companies found here include Great Western Bank, Black Hills Power & Light Company, and First Interstate Bank. With its pleasant atmosphere and reasonable housing costs, Box Elder is perfect for those looking for affordable living conditions without sacrificing amenities in their area.
Box Elder has an unemployment rate of 3.4%. The US average is 6.0%.
Box Elder has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Box Elder
- The Sales Tax Rate for Box Elder is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Box Elder 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 Box Elder
- The average income of a Box Elder resident is $21,095 a year. The US average is $28,555 a year.
- The Median household income of a Box Elder resident is $62,972 a year. The US average is $69,021 a year.