Hyde, SD County is a great place to live for those looking for an affordable yet comfortable lifestyle. The average 2 bedroom rent in Hyde is $830, which is about 40% lower than the US average of $1,430. The Grocery Cost Index in Hyde is 97, just 3 points lower than the national average of 100. This makes Hyde a great place for families or individuals on a budget who want to save money while still being able to enjoy basic amenities. There are several local businesses located in the area including a Target, Lowe's Home Improvement Store, Walgreens Pharmacy, and many restaurants offering diverse cuisine. With low rents and grocery costs, living in Hyde is an economical choice that will leave plenty of money left over for other activities or investments.
Hyde County has an unemployment rate of 1.7%. The US average is 6.0%.
Hyde County has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Hyde County
- The Sales Tax Rate for Hyde County is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hyde 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 Hyde County
- The average income of a Hyde County resident is $34,784 a year. The US average is $37,638 a year.
- The Median household income of a Hyde County resident is $66,328 a year. The US average is $69,021 a year.