De Smet, Idaho (population 83824) is a small rural town located in the southeastern part of the state. It is known for its laid-back atmosphere and affordable living costs. The average rent for a 2-bedroom apartment in De Smet is $1,050 per month, which is considerably less than the national average of $1,430. Additionally, the Grocery Cost Index in this area is 97 versus 100 in the US. This means that groceries here are slightly cheaper than elsewhere in the country.
There are several local businesses within De Smet that offer residents goods and services. These include Anderson's Bar & Grill, a local restaurant offering up delicious American cuisine; B&B Market, a grocery store offering quality produce and other items; Countryside Auto Repair and Detailing, providing excellent automotive repair services; and De Smet Fitness Center, supplying fitness classes to keep residents active and healthy. All these companies contribute to making De Smet an ideal place to live and work.
De Smet (zip 83824) has an unemployment rate of 7.2%. The US average is 6.0%.
De Smet (zip 83824) has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.
Tax Rates for De Smet (zip 83824)
- The Sales Tax Rate for De Smet (zip 83824) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for De Smet (zip 83824) is 7.4%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for De Smet (zip 83824)
- The average income of a De Smet (zip 83824) resident is $14,550 a year. The US average is $28,555 a year.
- The Median household income of a De Smet (zip 83824) resident is $98,438 a year. The US average is $69,021 a year.