Fremont, SD is a small town in the United States that has plenty to offer. The cost of living here is very inexpensive compared to the national average, with a 2-bedroom rent of $800 and a grocery cost index of 100. This makes it an attractive place for people who want to stretch their budgets further. In addition to low costs, Fremont boasts several successful businesses such as Smithson Inc., an engineering firm; Green Street Groceries, a local grocery store; and Blue Mountain Coffee Roasters, a popular cafe spot. The town also features multiple parks for outdoor recreation and hosts annual festivals like the Fremont Arts Expo every summer. With its affordable prices and vibrant atmosphere, Fremont offers something for everyone.
Fremont has an unemployment rate of 3.2%. The US average is 6.0%.
Fremont has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Fremont
- The Sales Tax Rate for Fremont is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Fremont 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 Fremont
- The average income of a Fremont resident is $35,141 a year. The US average is $28,555 a year.
- The Median household income of a Fremont resident is $87,083 a year. The US average is $69,021 a year.