Scandinavia, SD is a small town located in the Midwest region of the United States. It is known for its rural atmosphere and its strong sense of community. Local companies include Scandinavia Motors, Tonsgaard's Grocery Store, and Lindell Bank.
The town offers many amenities to its residents such as two bedroom rental options at an affordable rate of $810 per month, a grocery cost index lower than the US national average, and recreational activities such as biking trails and parks. Additionally, Scandinavia has several local restaurants to explore and the community hosts annual events such as the Scandinavian Day Festival.
Scandinavia has an unemployment rate of 5.3%. The US average is 6.0%.
Scandinavia has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 11.7%, which is lower than the US average of 33.5%.
Tax Rates for Scandinavia
- The Sales Tax Rate for Scandinavia is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Scandinavia 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 Scandinavia
- The average income of a Scandinavia resident is $25,805 a year. The US average is $28,555 a year.
- The Median household income of a Scandinavia resident is $74,375 a year. The US average is $69,021 a year.