Hanson, SD is a small town located in rural South Dakota. With a population of only a few hundred people, Hanson is an ideal spot for those looking for peace and quiet. While the cost of living in Hanson may be slightly higher than the US average due to the small size of the town, two bedroom rent starts at only $850 per month and grocery costs are comparable with the US index at 99 compared to 100. Local businesses in Hanson such as Hansen True Value, Hanson Corner Cafe, and Hansen's Supermarket are thriving due to the friendly atmosphere and dedicated customers. The local economy has been growing steadily over the past few years, making it an attractive option for anyone looking for a close-knit community.
Hanson has an unemployment rate of 4.4%. The US average is 6.0%.
Hanson has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.
Tax Rates for Hanson
- The Sales Tax Rate for Hanson is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Hanson 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 Hanson
- The average income of a Hanson resident is $29,306 a year. The US average is $28,555 a year.
- The Median household income of a Hanson resident is $86,250 a year. The US average is $69,021 a year.