Draper town, SD is a great place to live as it offers plenty of amenities and affordability. The monthly rent for a two-bedroom apartment in Draper town is around $850, which is significantly lower than the national average of $1,430. It also has an attractive Grocery Cost Index of 95 compared to 100 in the US overall.
There are a variety of local companies in Draper town that provide employment opportunities such as BankWest, Mc Donald's, Walmart, South Dakota State Bank, and more. This helps keep unemployment levels low while providing stability for residents and their families. In addition to being affordable and offering plentiful employment opportunities, Draper town also offers numerous recreational activities such as hiking trails, lakeside fishing spots, parks with playgrounds and other outdoor activities. Overall, Draper town provides an excellent quality of life at a much lower cost than most other cities across the nation.
Draper has an unemployment rate of 3.5%. The US average is 6.0%.
Draper has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 12.0%, which is lower than the US average of 33.5%.
Tax Rates for Draper
- The Sales Tax Rate for Draper is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Draper 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 Draper
- The average income of a Draper resident is $34,519 a year. The US average is $37,638 a year.
- The Median household income of a Draper resident is $60,625 a year. The US average is $69,021 a year.