Newell, SD is an ideal place to live for those who want a quieter lifestyle. Not only does the cost of rent for two bedroom apartments ($910) and groceries (96 index compared to 100 US average) make it an affordable option, but it also provides a variety of local activities and businesses. The town is home to many shops and restaurants like the Newell Country Store that offers fresh food and drinks as well as retail items, and C&L Coffee which serves hot coffee, baked goods, and sandwiches. Additionally, the community has a library dedicated to providing educational materials to visitors and locals alike. With its affordable cost of living and access to various amenities, Newell is perfect for anyone looking for a simpler life.
Newell has an unemployment rate of 3.6%. The US average is 6.0%.
Newell has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Newell
- The Sales Tax Rate for Newell is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Newell 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 Newell
- The average income of a Newell resident is $19,584 a year. The US average is $28,555 a year.
- The Median household income of a Newell resident is $46,563 a year. The US average is $69,021 a year.