How Much Do You Need To Live Comfortably In South Dakota?

While a $45,000 salary might be sufficient for a family of three in South Dakota, you would need close to $60,000 on average to keep up in Hawaii, Connecticut, Massachusetts and New York, and a whopping $68,000 a year to get by in Washington D.C.

What is a livable salary in South Dakota?

Living Wage Calculation for South Dakota

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $14.85 $21.16
Poverty Wage $6.19 $6.37
Minimum Wage $9.95 $9.95

What is a good salary in South Dakota?

$887 is the 25th percentile. Wages below this are outliers. $1,793 is the 90th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Average Jobs in South Dakota.

City Spearfish
Annual Salary $61,420
Monthly Pay $5,118
Weekly Pay $1,181
Hourly Wage $29.53

What is a good hourly wage in South Dakota?

$13.22 is the 25th percentile. Wages below this are outliers. $37.21 is the 90th percentile. Wages above this are outliers.
What are Top 10 Highest Paying Cities for Hourly Rate Jobs in South Dakota.

City Aberdeen
Annual Salary $55,192
Monthly Pay $4,599
Weekly Pay $1,061
Hourly Wage $26.53

What is the average annual income in South Dakota?

Table

Population
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 17.3
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $59,896

What is considered low income in South Dakota?

Compare Jurisdictions

Annual Income Needed to Afford South Dakota Custer County HMFA
One-Bedroom $25,167 $28,240
Two-Bedroom $32,159 $37,240
Three-Bedroom $43,378 $46,320
Four-Bedroom $51,684 $51,600

Is it expensive to live in South Dakota?

Living in South Dakota is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 12.1% less than they do on average nationwide. Compared with all other states, South Dakota has the sixth lowest overall cost of living.

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What is the best place to live in South Dakota?

Sioux Falls is the best place to live in South Dakota, among the top cities in US, study finds. Sioux Falls ranks among some of the U.S.’s best small and mid-size American cities, according to a study conducted by Livability.com in partnership with Ipsos.

What is the median rent in South Dakota?

The median monthly gross residential rent in South Dakota was $769 in 2019 according to the Census ACS survey. Average gross rent was $749 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below.

What are the benefits of living in South Dakota?

7 Reasons Why South Dakota is Our Favorite Place to Live

  • Kid-Friendliness. If living in a state with a high quality of life for children is a priority for you, South Dakota is often ranked among the best.
  • Driving Safety.
  • Quality Healthcare.
  • Financial Safety.
  • Employment Rates.
  • Millennial-Friendliness.
  • Retirement Potential.

How much tax is taken out of my paycheck in South Dakota?

Overview of South Dakota Taxes

Gross Paycheck $3,146
Federal Income 15.22% $479
State Income 4.99% $157
Local Income 3.50% $110
FICA and State Insurance Taxes 7.80% $246

What is the South Dakota minimum wage for 2022?

$9.95/hour
The minimum wage for non-tipped employees in South Dakota is $9.95/hour (effective Jan. 1, 2022).

How much does a ranch hand make in South Dakota?

The average salary for a ranch hand is $15.23 per hour in South Dakota. 5 salaries reported, updated at May 19, 2022.

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Is South Dakota mostly white?

South Dakota is the 46th-most populous U.S. state; in 2019, the U.S. Census Bureau estimated a population of about 884,659. The majority of South Dakotans are White, and the largest religion is Christianity.

What is the racial makeup of South Dakota?

South Dakota Demographics
White: 83.61% Native American: 8.53% Two or more races: 3.41% Black or African American: 2.14%

Does South Dakota have an income tax?

South Dakota does not have an individual income tax. South Dakota also does not have a corporate income tax. South Dakota has a 4.50 percent state sales tax rate, a max local sales tax rate of 4.50 percent, and an average combined state and local sales tax rate of 6.40 percent.

What is the income limit for food stamps in South Dakota?

South Dakota Supplemental Nutrition Assistance Program (SNAP)

Household Size* Maximum Income Level (Per Year)
1 $17,667
2 $23,803
3 $29,939
4 $36,075

What is the poverty line in South Dakota?

By this definition, the poverty threshold today for a family of four is roughly $26,000 annually; for an individual, that number is $13,000.

What is the poorest county in South Dakota?

In the barren grasslands of Ziebach County, there’s almost nothing harder to find in winter than a job. This is America’s poorest county, where more than 60 percent of people live at or below the poverty line.

What are the cons of living in South Dakota?

Pros & Cons of Living in South Dakota

Pros of living in South Dakota Cons of living in South Dakota
Unspoiled nature South Dakota is sparsely populated
Robust job market Extreme weather conditions
Decent and high quality of life Unpredictable weather
Huge banking opportunity Small town vibe
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What is the safest city to live in South Dakota?

Brandon
Brandon is the safest city in South Dakota for the third year in a row. Summerset climbed 4 spots to break into the top 10 this year. It also has the lowest violent crime rate in the state, with only a single reported assault.