57760 Newell, SD is a small town situated in the beautiful Black Hills region of South Dakota. This rural community has a population of around 870 people and is known for its natural beauty. The average 2 bedroom rent in Newell is $900, which is significantly lower than the national average of $1,430. Additionally, grocery cost index in Newell is 96 versus 100 in the US, making it an affordable place to live.
Newell has several local companies that serve the residents of Newell and the surrounding areas including Black Hills Energy, First Interstate Bank and Siouxland Federal Credit Union. Other nearby cities include Rapid City, Belle Fourche and Sturgis all within an hour’s drive from Newell.
Newell (zip 57760) has an unemployment rate of 3.6%. The US average is 6.0%.
Newell (zip 57760) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Newell (zip 57760)
- The Sales Tax Rate for Newell (zip 57760) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Newell (zip 57760) 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 Newell (zip 57760)
- The average income of a Newell (zip 57760) resident is $23,806 a year. The US average is $37,638 a year.
- The Median household income of a Newell (zip 57760) resident is $55,664 a year. The US average is $69,021 a year.