Hill City, South Dakota is a small town with a population of 57745 according to the 2010 US Census. It is located in Pennington County, which is part of the Black Hills region of South Dakota. The cost of living for Hill City is relatively low compared to other parts of the country. The average two bedroom rent in Hill City is $860, whereas it’s $1,430 across the United States. Furthermore, the Grocery Cost Index (GCI) for Hill City stands at 103 compared to 100 for the US as a whole, indicating that grocery items are slightly more expensive in Hill City than they are nationally.
The economy of Hill City relies on local businesses such as Black Hills Power and Light Company and Piedmont Valley Bank. There are also several retail stores including Kmart, Walmart, and Shopko; small businesses like Nick’s Pizza & Pub; restaurants such as Montana Mike’s Steakhouse; and services such as auto mechanics and hair salons. All these businesses contribute to keeping the cost of living low.
Hill City (zip 57745) has an unemployment rate of 3.4%. The US average is 6.0%.
Hill City (zip 57745) 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 35.4%, which is higher than the US average of 33.5%.
Tax Rates for Hill City (zip 57745)
- The Sales Tax Rate for Hill City (zip 57745) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hill City (zip 57745) 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 Hill City (zip 57745)
- The average income of a Hill City (zip 57745) resident is $28,351 a year. The US average is $37,638 a year.
- The Median household income of a Hill City (zip 57745) resident is $71,531 a year. The US average is $69,021 a year.