Colman, SD is a small city in South Dakota with a population of around 850 people. The cost of living is low compared to most places in the US, with 2 bedroom rent averaging around $720 per month. Grocery costs are also lower than average making this a great city for those looking to save money. Local businesses in Colman include Uncoma Foods, Smith Funeral Home, and Colman Veterinary Clinic which offer reasonable prices and excellent services to residents. Overall, Colman is a great place to live thanks to its low cost of living and its vibrant community that makes it feel like home.
Colman has an unemployment rate of 3.2%. The US average is 6.0%.
Colman has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Colman
- The Sales Tax Rate for Colman is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Colman 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 Colman
- The average income of a Colman resident is $29,340 a year. The US average is $37,638 a year.
- The Median household income of a Colman resident is $67,750 a year. The US average is $69,021 a year.