Edgerton, SD is a small town located in the Midwest region of the United States. The population of Edgerton is relatively small but its economy is thriving due to the presence of several local companies such as Edgerton Electric, Rapid Electric, and O'Neill Construction. Additionally, there are a variety of recreational activities available in the area, including fishing on Lake Traverse and visiting popular landmarks such as the Pow Wow Community Center or the historic Marr House. The cost of living in Edgerton is quite affordable with an average two-bedroom rent being only $810 a month compared to $1,430 nationally. Furthermore, grocery costs are also lower than average with a Grocery Cost Index rating of 98 versus 100 nationwide. In sum, Edgerton is an excellent place to live for those looking for an affordable and welcoming environment.
Edgerton has an unemployment rate of 4.4%. The US average is 6.0%.
Edgerton has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Edgerton
- The Sales Tax Rate for Edgerton is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Edgerton 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 Edgerton
- The average income of a Edgerton resident is $23,189 a year. The US average is $28,555 a year.
- The Median household income of a Edgerton resident is $114,750 a year. The US average is $69,021 a year.