Rockham, SD is a small town in South Dakota with a population of just over 500 people. It is a quiet and peaceful place to live. Residents benefit from 2 bedroom rent rates that are nearly half the national average at $720 per month. Additionally, grocery costs are much lower than the national average – Rockham's Grocery Cost Index is 94 compared to 100 in the US. Local businesses include Rocky's Restaurant and Bar, Rockham Hardware Store, and Rockham Country Store. These businesses provide essential services as well as employment opportunities for residents.
Rockham has an unemployment rate of 2.2%. The US average is 6.0%.
Rockham has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Rockham
- The Sales Tax Rate for Rockham is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Rockham 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 Rockham
- The average income of a Rockham resident is $23,192 a year. The US average is $37,638 a year.
- The Median household income of a Rockham resident is $53,750 a year. The US average is $69,021 a year.