Cow Creek, SD is an ideal place to live for those looking for a low-cost of living. Rent prices are significantly lower in Cow Creek than the average rent prices in the US, with a 2 bedroom apartment renting for $800 compared to the US average of $1,430. Grocery costs in Cow Creek are also slightly lower than the national average at a cost index of 101 versus 100 in the US. As such, individuals and families looking to save on monthly expenses should consider relocating to Cow Creek. The town is home to many local businesses including Johnson Family Farms, Barker's Bakery and Country Carpentry & Construction LLC. All these amenities make Cow Creek an attractive relocation destination for those seeking affordable housing and grocery prices.
Cow Creek has an unemployment rate of 2.4%. The US average is 6.0%.
Cow Creek has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 17.0%, which is lower than the US average of 33.5%.
Tax Rates for Cow Creek
- The Sales Tax Rate for Cow Creek is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Cow Creek 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 Cow Creek
- The average income of a Cow Creek resident is $19,641 a year. The US average is $28,555 a year.
- The Median household income of a Cow Creek resident is $97,788 a year. The US average is $69,021 a year.