Murdo, SD is a small town located in South Dakota with an estimated population of around 700 people. Despite its small size, Murdo offers great cost savings over other cities in the US. For instance, rent for a two-bedroom apartment in Murdo is only $860, which is much less than the US average of $1,430. The Grocery Cost Index is also 96 versus 100 in the US, providing further savings to residents. There are a few local businesses that can be found in Murdo including the historic Grand Central Hotel & Cafe and Murdo Trail Museum & Visitor Center. With its low costs of living and quaint atmosphere, Murdo would make an ideal place to live or visit for anyone looking for a quieter lifestyle away from city life.
Murdo has an unemployment rate of 3.5%. The US average is 6.0%.
Murdo has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 12.0%, which is lower than the US average of 33.5%.
Tax Rates for Murdo
- The Sales Tax Rate for Murdo is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Murdo 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 Murdo
- The average income of a Murdo resident is $26,120 a year. The US average is $37,638 a year.
- The Median household income of a Murdo resident is $53,125 a year. The US average is $69,021 a year.