The small town of Marvin, South Dakota (zipcode 57251) is a great place to live for those looking for an affordable lifestyle. The average two bedroom rent in the area is $850, which is far lower than the national average of $1,430. This low rent cost can also help to offset the slightly higher grocery cost index in the area, which stands at 99 compared to 100 in the US. Local supermarkets like Martin Cash Store offer competitive prices on groceries and essentials, while other shops like K&J Auto Parts & Repair have excellent deals on car parts and services. Meanwhile, Marvin residents can find great bargains throughout the year at nearby stores such as Launderland Laundromat or Al's Pizza & Steakhouse. All this adds up to make Marvin a great home away from home!
Marvin (zip 57251) has an unemployment rate of 4.6%. The US average is 6.0%.
Marvin (zip 57251) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Marvin (zip 57251)
- The Sales Tax Rate for Marvin (zip 57251) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Marvin (zip 57251) 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 Marvin (zip 57251)
- The average income of a Marvin (zip 57251) resident is $17,541 a year. The US average is $37,638 a year.
- The Median household income of a Marvin (zip 57251) resident is $62,708 a year. The US average is $69,021 a year.