Menno, SD (zip code 57045) is a great place to live due to its affordability. The average 2-bedroom rent in Menno is $910, significantly lower than the US average of $1,430. In addition, the Grocery Cost Index (GCI) in Menno is 95 compared to the US average of 100. This means that groceries are slightly less expensive than in other parts of the US.
The town has a variety of local businesses that serve its community well. These include shops such as Western Welding & Fabrication Inc., Menno Tire & Service Center, and Eicher Family Foods; restaurants like Pizza Ranch and Schwan's; and services like Total Financial Solutions Group LLC and Baumgartner Veterinary Clinic.
All these factors make Menno an ideal place for residents looking for a small town atmosphere at an affordable price.
Menno (zip 57045) has an unemployment rate of 3.6%. The US average is 6.0%.
Menno (zip 57045) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Menno (zip 57045)
- The Sales Tax Rate for Menno (zip 57045) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Menno (zip 57045) 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 Menno (zip 57045)
- The average income of a Menno (zip 57045) resident is $30,564 a year. The US average is $37,638 a year.
- The Median household income of a Menno (zip 57045) resident is $52,813 a year. The US average is $69,021 a year.