Gary, SD is a small town located in South Dakota known for its low cost of living. The average rent for a two bedroom apartment in Gary is $770 compared to the national average of $1,430 making it an attractive place for people looking to save money on housing. Additionally, Gary has lower than average grocery prices, with a Grocery Cost Index of 97 versus the national index of 100. This makes it an affordable place to live and work. Local companies in Gary include the Gary School District, R&R Lumber Company, and Gary Grain Elevator Cooperative.
Gary has an unemployment rate of 5.3%. The US average is 6.0%.
Gary 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 11.7%, which is lower than the US average of 33.5%.
Tax Rates for Gary
- The Sales Tax Rate for Gary is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Gary 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 Gary
- The average income of a Gary resident is $19,011 a year. The US average is $28,555 a year.
- The Median household income of a Gary resident is $44,375 a year. The US average is $69,021 a year.