Ramona, SD is a small town located in South Dakota. It has a population of just over 1,000 people and offers a peaceful, rural lifestyle. The average two bedroom rent in Ramona is $840 which is significantly lower than the US average of $1,430. Residents can also benefit from the low cost of groceries in Ramona, with an index score of 96 compared to 100 in the US. \nThe town is home to several local companies such as K & S Implement Company which provides farm equipment and supplies for farmers in the area and S&S Mechanical Services which specializes in air conditioning installation and repairs. There are also several independently owned businesses like Ramona Grocery Store and Thompson Tire Service providing goods and services to locals and visitors alike.
Ramona has an unemployment rate of 3.0%. The US average is 6.0%.
Ramona has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Ramona
- The Sales Tax Rate for Ramona is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Ramona 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 Ramona
- The average income of a Ramona resident is $35,905 a year. The US average is $37,638 a year.
- The Median household income of a Ramona resident is $50,417 a year. The US average is $69,021 a year.