Florence Township (Hamlin Cnty) in South Dakota is a great place for those looking for an affordable and relaxed lifestyle. With average 2 bedroom rent at $840 compared to the US rate of $1,430 and a grocery cost index of 99 versus the national average of 100, this township offers substantial savings. Additionally, this rural community is filled with friendly neighbors and a strong sense of community spirit. There are many small businesses located within Florence Township such as H&H Grocery, Geno's Pizza & Burgers, Farmers Co-op Elevator, and T&R Tractor Sales. With lower costs of living and plenty of local businesses, Florence Township is an ideal place to live.
Florence township (Hamlin County) has an unemployment rate of 2.6%. The US average is 6.0%.
Florence township (Hamlin County) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 28.0%, which is lower than the US average of 33.5%.
Tax Rates for Florence township (Hamlin County)
- The Sales Tax Rate for Florence township (Hamlin County) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Florence township (Hamlin County) 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 Florence township (Hamlin County)
- The average income of a Florence township (Hamlin County) resident is $22,252 a year. The US average is $28,555 a year.
- The Median household income of a Florence township (Hamlin County) resident is $105,938 a year. The US average is $69,021 a year.