Bridgewater, SD is a small city located in the state of South Dakota. It is known for its low 2 bedroom rent rate of $840 and its Grocery Cost Index of 98 compared to the US index at 100. Bridgewater offers a high quality of living with many local businesses, such as Bridgewater Supermarket, Mehlhaff’s Hardware Store, and The Weekly Press. Bridgewater is a great place for those looking for a small town atmosphere with all the modern amenities included.
Bridgewater has an unemployment rate of 2.9%. The US average is 6.0%.
Bridgewater 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 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Bridgewater
- The Sales Tax Rate for Bridgewater is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Bridgewater 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 Bridgewater
- The average income of a Bridgewater resident is $27,614 a year. The US average is $37,638 a year.
- The Median household income of a Bridgewater resident is $53,250 a year. The US average is $69,021 a year.