The small town of 57363 Mount Vernon, South Dakota is a fantastic place to live. With an affordable two-bedroom rent of only $850, you can save money on housing compared to the national average. The cost of groceries is also much lower than the US index at 98 instead of 100. Additionally, there are many local businesses in Mount Vernon that offer goods and services to the community while keeping costs down. Popular local stores include Chuck's Grocery Store, Flink’s Plumbing & Heating Supplies, and Jacobs Hardware. You can find nearly everything you need within one square mile in this little town with unbeatable prices.
Mount Vernon (zip 57363) has an unemployment rate of 2.9%. The US average is 6.0%.
Mount Vernon (zip 57363) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%.
Tax Rates for Mount Vernon (zip 57363)
- The Sales Tax Rate for Mount Vernon (zip 57363) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Mount Vernon (zip 57363) 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 Mount Vernon (zip 57363)
- The average income of a Mount Vernon (zip 57363) resident is $24,346 a year. The US average is $28,555 a year.
- The Median household income of a Mount Vernon (zip 57363) resident is $54,559 a year. The US average is $69,021 a year.