Wetonka, SD is located in South Dakota and is a small town with a population of only 1,000 people. The cost of living in Wetonka is much lower than the US average, with 2 bedroom rents at $820 versus $1,430 in the US. The Grocery Cost Index in Wetonka is 96 versus 100 in the US. Wetonka also has several local companies such as Smith & Sons Farms, Bob's Auto Shop, and Jane's Bakery that provide jobs for locals and contribute to the economy of the town. There are also many small businesses like boutiques and cafes that help bolster the economy and ensure Wetonka remains an affordable place to live with a great quality of life.
Wetonka has an unemployment rate of 4.0%. The US average is 6.0%.
Wetonka has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Wetonka
- The Sales Tax Rate for Wetonka is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Wetonka 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 Wetonka
- The average income of a Wetonka resident is $54,036 a year. The US average is $37,638 a year.
- The Median household income of a Wetonka resident is $0 a year. The US average is $69,021 a year.