Spink, SD County is known for its affordability and low cost of living. The average two bedroom rent in the county is $830 compared to the nationwide average of $1,430. Additionally, the grocery cost index in Spink is 96 versus 100 in the US. This makes Spink an attractive place to live for those looking to save money. There are plenty of local businesses in this area such as Big M Market, Star Light Pharmacy, and South Dakota Agri-Business Association. All these companies provide services that contribute to the local economy of Spink County.
Spink County has an unemployment rate of 4.1%. The US average is 6.0%.
Spink County 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 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Spink County
- The Sales Tax Rate for Spink County is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Spink 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 Spink County
- The average income of a Spink County resident is $27,971 a year. The US average is $28,555 a year.
- The Median household income of a Spink County resident is $63,802 a year. The US average is $69,021 a year.