Lesterville, SD is an ideal place to call home due to its low cost of living. The average 2 bedroom rent in Lesterville is $850 which is much lower than the US average at $1,430. Grocery costs are also significantly lower with a grocery cost index of 94 versus 100 in the US. Furthermore, Lesterville is home to many well known companies such as Bob's Construction Supplies, Pearson Construction Company and Jane's Automotive Supply. All these businesses help provide employment opportunities and contribute to the economic prosperity of the community.
Lesterville has an unemployment rate of 2.7%. The US average is 6.0%.
Lesterville has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Lesterville
- The Sales Tax Rate for Lesterville is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Lesterville 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 Lesterville
- The average income of a Lesterville resident is $27,214 a year. The US average is $28,555 a year.
- The Median household income of a Lesterville resident is $67,031 a year. The US average is $69,021 a year.