Hitchcock, SD is an attractive town to live in due to the lower cost of living than the national average. Residents benefit from a two bedroom rent of $850 compared to the US average of $1,430. Additionally, the grocery cost index in Hitchcock is below the US rate at 99 versus 100. This small community has a friendly atmosphere with local businesses such as Big Mikes for repair services, The Pizza Palace offering delicious Italian cuisine, and The Flower Shop providing beautiful floral arrangements. These companies have served Hitchcock residents for years and continue to provide high-quality services at reasonable prices.
Hitchcock has an unemployment rate of 3.0%. The US average is 6.0%.
Hitchcock has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Hitchcock
- The Sales Tax Rate for Hitchcock is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hitchcock 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 Hitchcock
- The average income of a Hitchcock resident is $27,631 a year. The US average is $28,555 a year.
- The Median household income of a Hitchcock resident is $59,821 a year. The US average is $69,021 a year.