Kidder, South Dakota is a small town located in Marshall County. It has a very affordable cost of living, with the average 2 bedroom rent being $830—significantly lower than the national average for the US at $1,430. Furthermore, the grocery cost index in Kidder is 97 as compared to 100 on a national level. The local economy is largely driven by agriculture and related businesses such as feedlots, fertilizer producers, and grain elevators. The largest employers in town are First Fidelity Bank, Heartland Feeds LLC, Marshall County Abstract & Title Co., and Harms Oil Inc. Kidder also has many local shops such as Country Blooms and Luanne's Boutique.
Kidder has an unemployment rate of 5.5%. The US average is 6.0%.
Kidder has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Kidder
- The Sales Tax Rate for Kidder is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Kidder 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 Kidder
- The average income of a Kidder resident is $38,736 a year. The US average is $37,638 a year.
- The Median household income of a Kidder resident is $62,500 a year. The US average is $69,021 a year.