Taylor, SD is a small city located in the Midwest with an estimated population of 6,000. The cost of living is affordable as the average 2 bedroom rent in Taylor is $850 compared to the US average of $1,430. Residents can also benefit from a lower grocery cost index that sits at 98 versus 100 in the US. The city is home to many well-known companies such as Walmart Store Inc., Pride Stores Inc., and CBA Foods Grocery Stores Inc., among others. These companies not only provide employment opportunities for locals but also help contribute to a high quality of life in Taylor.
Taylor township (Hanson County) has an unemployment rate of 4.4%. The US average is 6.0%.
Taylor township (Hanson County) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Taylor township (Hanson County)
- The Sales Tax Rate for Taylor township (Hanson County) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Taylor township (Hanson County) 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 Taylor township (Hanson County)
- The average income of a Taylor township (Hanson County) resident is $23,514 a year. The US average is $37,638 a year.
- The Median household income of a Taylor township (Hanson County) resident is $51,786 a year. The US average is $69,021 a year.