Bruce, SD is a small town located in southeast South Dakota. It offers affordable living with relatively low rent and cost of living - two bedroom rentals are approximately $840 per month compared to the nationwide average of $1,430. The Grocery Cost Index is also lower than the US average at 99 versus 100 respectively. Local businesses in Bruce include Farmers Equipment Co., Hardee's, and Cornerstone Church. These businesses offer services such as agriculture equipment sales and repair, fast food dining options, and places for worship and community gathering.
Bruce has an unemployment rate of 3.1%. The US average is 6.0%.
Bruce has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Bruce
- The Sales Tax Rate for Bruce is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Bruce 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 Bruce
- The average income of a Bruce resident is $24,683 a year. The US average is $28,555 a year.
- The Median household income of a Bruce resident is $56,875 a year. The US average is $69,021 a year.