Ipswich, SD is a small town with a population of just under 600 people. It is located in the northern part of South Dakota and is known for its outdoor recreational activities. The cost of living in Ipswich is very affordable, with the average rent for a two bedroom house coming in at around $910 dollars per month. This rate is significantly lower than the US average of $1,430 per month. Additionally, grocery costs are comparable to those across the United States, with an index score of 100 versus the national average of 100.
The area has several local companies and attractions that draw people from all over to visit and experience rural life in Ipswich. These include Anchors Away Marina which offers boat rental services on beautiful Lake Campbell and the Ipswich Aquatic Center where families can enjoy swimming during the hot summer months. There is also Wilder Park Golf Course where golfers can take advantage of wide open fairways and well-maintained greens as well as Chestnut Mountain Ranch where visitors can experience horseback riding and cowboy life on a working ranch. All these attractions make Ipswich an ideal destination for those looking to escape from city life for a while.
Ipswich (zip 57451) has an unemployment rate of 2.8%. The US average is 6.0%.
Ipswich (zip 57451) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Ipswich (zip 57451)
- The Sales Tax Rate for Ipswich (zip 57451) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Ipswich (zip 57451) 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 Ipswich (zip 57451)
- The average income of a Ipswich (zip 57451) resident is $32,850 a year. The US average is $37,638 a year.
- The Median household income of a Ipswich (zip 57451) resident is $75,737 a year. The US average is $69,021 a year.