Marshfield, SD is a small town located in the state of South Dakota with great amenities and friendly people. Two bedroom rent in Marshfield is significantly lower than the US average at $850 as compared to $1,430. Additionally, the Grocery Cost Index in Marshfield is 92 versus the US where it is 100. This shows that groceries are much cheaper in Marshfield than elsewhere. Local companies include Family Thrift Center, The Barn Antiques and Estate Sales, and Country Club Lanes bowling alley. Many people choose to settle down in Marshfield due to its low living costs and amenable atmosphere.
Marshfield has an unemployment rate of 3.4%. The US average is 6.0%.
Marshfield has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Marshfield
- The Sales Tax Rate for Marshfield is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Marshfield 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 Marshfield
- The average income of a Marshfield resident is $10,780 a year. The US average is $37,638 a year.
- The Median household income of a Marshfield resident is $0 a year. The US average is $69,021 a year.