Vale, South Dakota is an ideal place to live for those looking for affordability and a close-knit community. The average two bedroom rent in Vale is much less than the US average at $1,070 compared to $1,430. Additionally, grocery costs are only slightly more expensive in Vale with an index of 105 versus 100 in the US. Living in Vale offers a variety of local companies to work for such as Biggers Bank and First National Motorcycle Shop which offer competitive salaries and benefits packages. With lower rent prices and grocery costs, the cost of living in Vale is significantly lower than other areas of the country making it an attractive place to live.
Vale has an unemployment rate of 3.6%. The US average is 6.0%.
Vale has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Vale
- The Sales Tax Rate for Vale is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Vale 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 Vale
- The average income of a Vale resident is $15,976 a year. The US average is $28,555 a year.
- The Median household income of a Vale resident is $17,969 a year. The US average is $69,021 a year.