Ideal, SD is a small community in South Dakota with a population of 57541. It is a great place to live for those looking for an affordable lifestyle, with two bedroom rents averaging $840 per month and the Grocery Cost Index at 95 compared to the US average of 100. Ideal has various local companies that make up the economic base of the town. There is Ideal Steel, which manufactures steel products for agricultural and industrial use; Sioux Valley Automotive, which provides parts and service to all types of vehicles; Smith's Lawn Care, which offers full landscape services; the Ideal Grill & Bar, offering great food and drinks in a casual atmosphere; and Miller's Paint & Body Shop, specializing in custom paint jobs. With its low cost of living and strong local businesses, Ideal is a great place to call home.
Ideal (zip 57541) has an unemployment rate of 2.2%. The US average is 6.0%.
Ideal (zip 57541) has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Ideal (zip 57541)
- The Sales Tax Rate for Ideal (zip 57541) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Ideal (zip 57541) 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 Ideal (zip 57541)
- The average income of a Ideal (zip 57541) resident is $23,995 a year. The US average is $37,638 a year.
- The Median household income of a Ideal (zip 57541) resident is $60,833 a year. The US average is $69,021 a year.