Ralph, South Dakota, with a population of 57650 people, is known for its low cost of living and its diverse economies. The average two bedroom rent in Ralph costs only $820, making it significantly cheaper than the average two bedroom rent in the United States at $1430. Additionally, the grocery cost index in Ralph is 97 compared to 100 in the US which further contributes to the low cost of living. Numerous local companies such as WalMart and HyVee offer great prices on groceries and other products that locals can take advantage of. All of this combined makes Ralph an excellent place for anyone looking for an affordable place to live while having access to employment opportunities.
Ralph (zip 57650) has an unemployment rate of 2.4%. The US average is 6.0%.
Ralph (zip 57650) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 15.8%, which is lower than the US average of 33.5%.
Tax Rates for Ralph (zip 57650)
- The Sales Tax Rate for Ralph (zip 57650) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Ralph (zip 57650) 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 Ralph (zip 57650)
- The average income of a Ralph (zip 57650) resident is $27,671 a year. The US average is $37,638 a year.
- The Median household income of a Ralph (zip 57650) resident is $0 a year. The US average is $69,021 a year.