Amherst, South Dakota (57421) is a small city with a population of about 20 people. The average 2 bedroom rent in Amherst is $820, which is significantly lower than the US average of $1,430. The grocery cost index in Amherst is 97, just slightly lower than the national average of 100. The city has been said to be a great place to live and work due to its low cost of living and strong local economy. The city boasts many amenities such as shops, restaurants, schools and entertainment venues. Popular local companies include Amherst Plumbing & Heating Supplies, Grinder’s Grocery Store, and KQ Country Club & Lounge. With its convenient location near larger cities like Sioux Falls and Rapid City and its low cost of living, Amherst is an attractive destination for both businesses and residents alike.
Amherst (zip 57421) has an unemployment rate of 4.4%. The US average is 6.0%.
Amherst (zip 57421) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Amherst (zip 57421)
- The Sales Tax Rate for Amherst (zip 57421) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Amherst (zip 57421) 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 Amherst (zip 57421)
- The average income of a Amherst (zip 57421) resident is $34,671 a year. The US average is $37,638 a year.
- The Median household income of a Amherst (zip 57421) resident is $0 a year. The US average is $69,021 a year.