Maydell, SD Economy


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United States / South Dakota / No Metro Area / Clark County / Maydell / Zip Codes
Maydell, SD is a great place to call home. The cost of living is quite affordable in the city, with 2 bedroom rent averaging $820 compared to the national average of $1,430. Additionally, the grocery cost index in Maydell is 92 compared to 100 in the US. Locally, there are plenty of businesses and companies that operate out of Maydell, such as Joe's Auto Parts and Supplies and Maydell Hardware Store. With its low cost of living and local businesses, Maydell is a great place to settle down.

Maydell has an unemployment rate of 3.6%. The US average is 6.0%.

Maydell has seen the job market increase by 14.3% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for Maydell
- The Sales Tax Rate for Maydell is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Maydell 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 Maydell
- The average income of a Maydell resident is $33,738 a year. The US average is $37,638 a year.
- The Median household income of a Maydell resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMaydell, South DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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