Spearfish, South Dakota (57783) is an attractive place to live due to its affordable cost of living and desirable amenities. The average 2-bedroom rent in Spearfish is $890, which is much lower than the US average of $1,430. Additionally, the grocery cost index in Spearfish is 101 versus 100 in the US, making it more affordable for residents to buy groceries. Local businesses in Spearfish include Black Hills Leather Company, a specialty retailer that offers quality leather goods and apparel for men and women; Gourmet Chef Inc., a full service restaurant serving delicious meals seven days a week; and Spearfish Gas & Grocery Inc., offering convenient gas services as well as fresh produce and other grocery items. These local companies are great examples of why Spearfish is a wonderful place to work and live.
Spearfish (zip 57783) has an unemployment rate of 3.0%. The US average is 6.0%.
Spearfish (zip 57783) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Spearfish (zip 57783)
- The Sales Tax Rate for Spearfish (zip 57783) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Spearfish (zip 57783) 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 Spearfish (zip 57783)
- The average income of a Spearfish (zip 57783) resident is $29,128 a year. The US average is $28,555 a year.
- The Median household income of a Spearfish (zip 57783) resident is $58,875 a year. The US average is $69,021 a year.