57642 Mc Laughlin, SD is a small town located in South Dakota. It is home to many local businesses and services that offer goods and services at competitive prices. The two-bedroom rent here is much lower than the national average, at $760 versus $1,430. The Grocery Cost Index score here is also lower, at 91 compared to the national score of 100. Examples of local businesses in 57642 Mc Laughlin include Graham’s IGA Supermarket, Smith’s Bakery & Cafe, and Allstate Insurance Agency. These businesses provide important resources for residents in this rural area and help ensure that they have access to quality goods and services at affordable prices.
Mc Laughlin (zip 57642) has an unemployment rate of 3.5%. The US average is 6.0%.
Mc Laughlin (zip 57642) 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 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Mc Laughlin (zip 57642)
- The Sales Tax Rate for Mc Laughlin (zip 57642) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Mc Laughlin (zip 57642) 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 Mc Laughlin (zip 57642)
- The average income of a Mc Laughlin (zip 57642) resident is $11,067 a year. The US average is $28,555 a year.
- The Median household income of a Mc Laughlin (zip 57642) resident is $48,977 a year. The US average is $69,021 a year.