Strandburg, SD is a small town located in the Midwest region of the United States. This quaint town is home to many charming landscapes, such as rolling fields, lush meadows, and picturesque lakes. The cost of living in Strandburg is below the national average with a 2 bedroom rent of $840 compared to a nationwide average of $1,430. Even grocery costs are cheaper here at 98 compared to the U.S. index of 100. The local economy is mainly driven by agriculture and tourism with companies like Strandburg Farms providing fresh produce for nearby restaurants and The Good Times Hotel offering comfortable accommodations for visitors. With its natural beauty and low cost of living, Strandburg, SD is an ideal location for anyone looking for an escape from city life.
Strandburg has an unemployment rate of 4.6%. The US average is 6.0%.
Strandburg has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Strandburg
- The Sales Tax Rate for Strandburg is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Strandburg 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 Strandburg
- The average income of a Strandburg resident is $24,275 a year. The US average is $28,555 a year.
- The Median household income of a Strandburg resident is $38,472 a year. The US average is $69,021 a year.