Denver, SD is a charming small town located in South Dakota. It has a population of just 1,000 people and offers a warm and friendly atmosphere. There are several local businesses that help to create the small-town charm, such as Homer’s Hardware, Rich’s Grocery Store, and The Vintage Boutique. Residents enjoy a low cost of living with rent for two bedroom apartments being only $890 compared to the US average of $1,430. Furthermore, the grocery cost index in Denver is 99 compared to 100 in the US overall. All in all, Denver is an ideal place to live with its low costs of living and charming atmosphere.
Denver has an unemployment rate of 3.2%. The US average is 6.0%.
Denver 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 20.7%, which is lower than the US average of 33.5%.
Tax Rates for Denver
- The Sales Tax Rate for Denver is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Denver 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 Denver
- The average income of a Denver resident is $69,121 a year. The US average is $37,638 a year.
- The Median household income of a Denver resident is $106,786 a year. The US average is $69,021 a year.