Hermosa, South Dakota (zip code 57744) is an ideal location for those looking for affordable living. With average 2 bedroom rent prices at $1,070 compared to the US average of $1,430, potential inhabitants can save hundreds of dollars each month on housing costs. Additionally, grocery costs in Hermosa are indexed at 103 versus 100 in the US across the board, making it an even more attractive option for budget-minded individuals.
The town of Hermosa also offers plenty of local amenities that help make it a desirable place to live. On Main Street you’ll find the locally owned Black Hills Feed Store and Badger Lumber & Hardware which have been servicing the area since 1940. For outdoor activities you can check out 2 Ponds Park or the nearby Pactola Reservoir just 10 miles away. In addition there are numerous restaurants, churches and other organizations that provide residents with plenty of options for entertainment and community involvement. All these factors make Hermosa an attractive choice for those seeking a quiet lifestyle without sacrificing access to essential services and resources.
Hermosa (zip 57744) has an unemployment rate of 4.3%. The US average is 6.0%.
Hermosa (zip 57744) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Hermosa (zip 57744)
- The Sales Tax Rate for Hermosa (zip 57744) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hermosa (zip 57744) 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 Hermosa (zip 57744)
- The average income of a Hermosa (zip 57744) resident is $28,683 a year. The US average is $37,638 a year.
- The Median household income of a Hermosa (zip 57744) resident is $70,625 a year. The US average is $69,021 a year.