Humboldt, South Dakota (zip code 57035) is an affordable and growing community with a population of 545 people according to the most recent census. The city has a 2 bedroom rent cost of $800 per month - significantly less than the average of $1,430 for the United States as a whole. Additionally, the Grocery Cost Index in Humboldt is equal to 100, meaning the cost of groceries is similar to that found throughout America.
In terms of local companies and services, Humboldt boasts a wide variety of businesses ranging from automotive service centers like Bob's Auto Repair and grocery stores like Big John’s Foods & Liquor Store to recreational sites such as Joe's Bar & Grill and outdoor equipment retailers such as Schmeltzer Outdoors.
With its low rent prices and comparable grocery costs, Humboldt offers a more affordable cost-of-living than many other towns in America. Residents will find they can live comfortably in Humboldt while still being able to enjoy their favorite amenities and activities without worry about breaking their budget.
Humboldt (zip 57035) has an unemployment rate of 3.2%. The US average is 6.0%.
Humboldt (zip 57035) 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 Humboldt (zip 57035)
- The Sales Tax Rate for Humboldt (zip 57035) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Humboldt (zip 57035) 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 Humboldt (zip 57035)
- The average income of a Humboldt (zip 57035) resident is $32,127 a year. The US average is $37,638 a year.
- The Median household income of a Humboldt (zip 57035) resident is $87,109 a year. The US average is $69,021 a year.