Freedom, SD is a small town located in the Midwest. It is home to a variety of different companies and businesses that help contribute to the local economy. Some of these companies include Freedom Financial Company, Freedom Accounting Services, Freedom Pizza Parlor, and Freedom Auto Sales. These businesses provide residents with goods and services like financial advice, accounting services, food and beverages, and automobiles. The rent for a two bedroom apartment is $830 which is much cheaper than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Freedom is 97 compared to 100 in the US making it an affordable place to live.
Freedom has an unemployment rate of 2.2%. The US average is 6.0%.
Freedom has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Freedom
- The Sales Tax Rate for Freedom is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Freedom 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 Freedom
- The average income of a Freedom resident is $79,247 a year. The US average is $37,638 a year.
- The Median household income of a Freedom resident is $0 a year. The US average is $69,021 a year.