Kyle, SD is a small city located in Central South Dakota. It is known for its rural charm and friendly atmosphere. This makes it an ideal place to live for those who want to get away from the hustle and bustle of city life. The cost of living in Kyle is significantly lower than the national average, with rent for a two bedroom apartment costing only $650 per month compared to the US average of $1,430. Additionally, grocery costs are also much lower than the national average at a local index score of 90 compared to the US score of 100.
The local economy is mainly supported by small businesses such as Horizon Bank, Scooter鈥檚 Place Bar & Grill, Daybreak Caf茅 and Bakery, and Dykstra Construction. While these businesses may be small compared to their larger counterparts found elsewhere in the country, they form an important part of life in Kyle and many residents find employment here.
Kyle has an unemployment rate of 8.7%. The US average is 6.0%.
Kyle has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 17.1%, which is lower than the US average of 33.5%.
Tax Rates for Kyle
- The Sales Tax Rate for Kyle is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Kyle is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Kyle
- The average income of a Kyle resident is $9,308 a year. The US average is $37,638 a year.
- The Median household income of a Kyle resident is $0 a year. The US average is $69,021 a year.