Hitchcock, SD is a small city located in the southeastern part of the state with a population of approximately 57348 residents. It has a relatively low cost of living compared to other parts of South Dakota, with the average 2 bedroom rent being around $810 per month. This makes it an attractive destination for people looking to live in the area without breaking the bank. Grocery costs here are also lower than the US average, with the index standing at 99 versus 100 in the US. There are many local businesses that serve residents in Hitchcock, such as Benny’s Home Furniture Store and Pueblo Market. Residents can also find employment opportunities from larger employers like Blakford Wood Products Inc., which is headquartered nearby.
Hitchcock (zip 57348) has an unemployment rate of 3.0%. The US average is 6.0%.
Hitchcock (zip 57348) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Hitchcock (zip 57348)
- The Sales Tax Rate for Hitchcock (zip 57348) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hitchcock (zip 57348) 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 Hitchcock (zip 57348)
- The average income of a Hitchcock (zip 57348) resident is $29,368 a year. The US average is $37,638 a year.
- The Median household income of a Hitchcock (zip 57348) resident is $69,306 a year. The US average is $69,021 a year.