Tripp, SD is a small town with a population of just over 500 people. It is located in neighboring Charles Mix county and offers a quiet and peaceful lifestyle for its residents. Despite its small size, the town boasts several local amenities such as grocery stores, pharmacies, restaurants and other shops.
When it comes to rental prices in Tripp, 2 bedroom apartments are more affordable than the national average with rent costing approximately $830 compared to $1,430 nationally. Additionally, the grocery cost index in Tripp is also lower than the national average at 94 versus 100 respectively. This means that groceries are cheaper in Tripp than they are across the nation on average. Local companies offering groceries include D&D Supermarket and Kyte's Kountry Market which both provide fresh produce and other goods at competitive prices.
Tripp has an unemployment rate of 3.6%. The US average is 6.0%.
Tripp has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Tripp
- The Sales Tax Rate for Tripp is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Tripp 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 Tripp
- The average income of a Tripp resident is $18,476 a year. The US average is $28,555 a year.
- The Median household income of a Tripp resident is $55,050 a year. The US average is $69,021 a year.