Humboldt town, SD is a great place to live with its affordable 2 bedroom rent of $820 compared to the national average of $1,430. It also has a low cost grocery index at 100 which is the same as that of the US. The town is quite vibrant as it has plenty of local businesses such as Metzler’s Supermarket, Coast to Coast Hardware store and L&M auto repair shop. It also hosts plenty of events and activities throughout the year such as music festivals, farmers markets and outdoor adventure tours. All these features make Humboldt town an attractive place to live in particulary for those who are looking for affordability and convenience.
Humboldt has an unemployment rate of 3.2%. The US average is 6.0%.
Humboldt has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Humboldt
- The Sales Tax Rate for Humboldt is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Humboldt 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 Humboldt
- The average income of a Humboldt resident is $30,167 a year. The US average is $28,555 a year.
- The Median household income of a Humboldt resident is $81,875 a year. The US average is $69,021 a year.