Lead, SD is a small town located in the western part of the state with a population of approximately 2,500 people. The city is well known for its historic downtown district and numerous outdoor activities such as fishing and boating on the nearby lakes. Lead offers affordable living costs with an average two-bedroom rent of only $990 compared to the US average of $1,430. Groceries are also very affordable with a grocery cost index of 97 compared to 100 in the US. Lead has several local businesses including the iconic Gold Camp Bakery, which serves up some of the best homemade breads and pastries in town. Other local amenities include National Forest Service trails, historic mine tours, shopping centers like Lead Town Plaza, and plenty more recreational activities.
Lead has an unemployment rate of 3.0%. The US average is 6.0%.
Lead 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 Lead
- The Sales Tax Rate for Lead is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lead 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 Lead
- The average income of a Lead resident is $21,374 a year. The US average is $28,555 a year.
- The Median household income of a Lead resident is $43,125 a year. The US average is $69,021 a year.