Clear Lake, SD is a small town located in the western region of the US with an estimated population of 500 people. It is known for its beautiful scenery and peaceful atmosphere - making it a great place to live if you're looking for an escape from the hustle and bustle of larger cities. In terms of affordability, two-bedroom rent in Clear Lake is approximately $810 on average which is significantly below the national average of $1,430. Additionally, the grocery cost index in Clear Lake is 98 versus 100 nationally which makes living here even more appealing. Local businesses such as Johnson's Park and Recreation Center, Clear Lake Grocery Store, and Jones' Bakery provide local residents with all their desired amenities while also supporting a strong local economy. With its picturesque scenery and low cost of living, Clear Lake remains an attractive option for those looking for a quiet yet budget-friendly town to call home.
Clear Lake has an unemployment rate of 5.3%. The US average is 6.0%.
Clear Lake has seen the job market increase by 6.5% over the last year. Future job growth over the next ten years is predicted to be 11.7%, which is lower than the US average of 33.5%.
Tax Rates for Clear Lake
- The Sales Tax Rate for Clear Lake is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Clear Lake 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 Clear Lake
- The average income of a Clear Lake resident is $29,249 a year. The US average is $37,638 a year.
- The Median household income of a Clear Lake resident is $60,486 a year. The US average is $69,021 a year.