Burk, SD is a small rural town in South Dakota that provides affordable living costs for its inhabitants. The average rent of a two-bedroom apartment is $940, which is significantly lower compared to the US average of $1,430 for the same size. Moreover, the grocery cost index of Burk stays at 100 versus 100 in the US, making it an ideal place to live for those on a budget. There are many local companies and businesses in Burk such as Big D's Country Tavern, Miller's Car Wash and Lube Center, Classic Auto Body Repair Shop, and Elite Event Planning. All these companies offer quality services to the people of Burk while providing employment opportunities to its locals.
Burk has an unemployment rate of 3.2%. The US average is 6.0%.
Burk 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 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Burk
- The Sales Tax Rate for Burk is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Burk 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 Burk
- The average income of a Burk resident is $36,641 a year. The US average is $37,638 a year.
- The Median household income of a Burk resident is $0 a year. The US average is $69,021 a year.