Toronto, SD is a small town located in Marshall County with a population of approximately 572 people. It offers affordable living costs – 2 bedroom rent for example, is only $820 a month compared to the national average of $1,430. In addition, grocery cost index in the area is 96 versus 100 in the US. The city provides a range of local companies and services such as D & S Service Station, Toronto Bar & Grill, G-Dakota Gasoline Station, and St Paul Lutheran Church. There are also several local schools including Toronto Elementary School and Toronto High School which offer excellent educational opportunities to students within the community.
Toronto (zip 57268) has an unemployment rate of 5.3%. The US average is 6.0%.
Toronto (zip 57268) has seen the job market increase by 6.5% over the last year. Future job growth over the next ten years is predicted to be 11.7%, which is lower than the US average of 33.5%.
Tax Rates for Toronto (zip 57268)
- The Sales Tax Rate for Toronto (zip 57268) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Toronto (zip 57268) 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 Toronto (zip 57268)
- The average income of a Toronto (zip 57268) resident is $33,889 a year. The US average is $37,638 a year.
- The Median household income of a Toronto (zip 57268) resident is $64,583 a year. The US average is $69,021 a year.