The average 2 bedroom rent in Baltic, SD, 57003 is $1,040, which is lower than the US average of $1,430. The grocery cost index in this area is also lower than the US average at 100. Baltic, SD has a population of 517 according to the 2010 census and has a small-town atmosphere with local businesses such as Fosness Auto Body & Paint Shop and the Baltic Family Restaurant. There are also several other shops and services including antique stores, quilt haus and hair salons located within the city limits. The town hosts many events year-round such as their annual Arts & Crafts Show downtown on Main Street. This makes for a great place to live and work with plenty of activities for everyone.
Baltic (zip 57003) has an unemployment rate of 3.2%. The US average is 6.0%.
Baltic (zip 57003) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Baltic (zip 57003)
- The Sales Tax Rate for Baltic (zip 57003) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Baltic (zip 57003) 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 Baltic (zip 57003)
- The average income of a Baltic (zip 57003) resident is $34,367 a year. The US average is $37,638 a year.
- The Median household income of a Baltic (zip 57003) resident is $87,431 a year. The US average is $69,021 a year.