Murdo, South Dakota (57559) is a small rural town in Charles Mix County. The cost of renting a two-bedroom apartment here is about $880 per month, which is quite low compared to the US average of $1,430 per month. The cost of groceries here is also lower than the US average, with an index of 96 versus 100, making it a great place to save money while living comfortably. Murdo has many local businesses that give it a unique charm. Notable companies in the area include Murdo Drug Pharmacy and Sudlow Construction & Excavation. Murdo also provides plenty of amenities for its residents, such as shops and restaurants as well as parks and recreational facilities.
Murdo (zip 57559) has an unemployment rate of 3.5%. The US average is 6.0%.
Murdo (zip 57559) has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 12.0%, which is lower than the US average of 33.5%.
Tax Rates for Murdo (zip 57559)
- The Sales Tax Rate for Murdo (zip 57559) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Murdo (zip 57559) 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 Murdo (zip 57559)
- The average income of a Murdo (zip 57559) resident is $26,795 a year. The US average is $37,638 a year.
- The Median household income of a Murdo (zip 57559) resident is $52,500 a year. The US average is $69,021 a year.