57632 Herreid, SD is a great place to live with affordable rent and low grocery cost index. The average 2 bedroom rent in the area is $820, which is significantly lower than the US average of $1,430. The Grocery Cost Index in 57632 Herreid, SD is 93 versus 100 in the US. There are several local businesses that provide essential services to the area, including Herreid Community Grocery Store for groceries, and Big Joe Plumbing for plumbing services. For any automotive needs residents can look no further than M & R Auto Sales or B & H Automotive Repair. These vital companies help keep 57632 Herreid, SD running smoothly and make it a great place to call home.
Herreid (zip 57632) has an unemployment rate of 3.9%. The US average is 6.0%.
Herreid (zip 57632) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Herreid (zip 57632)
- The Sales Tax Rate for Herreid (zip 57632) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Herreid (zip 57632) 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 Herreid (zip 57632)
- The average income of a Herreid (zip 57632) resident is $30,885 a year. The US average is $37,638 a year.
- The Median household income of a Herreid (zip 57632) resident is $68,906 a year. The US average is $69,021 a year.