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Kyle, SD Economy
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United States
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South Dakota
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Oglala Lakota County
/ Kyle /
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EXPLORE KYLE
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Kyle, SD is a small city located in Central South Dakota. It is known for its rural charm and friendly atmosphere. This makes it an ideal place to live for those who want to get away from the hustle and bustle of city life. The cost of living in Kyle is significantly lower than the national average, with rent for a two bedroom apartment costing only $650 per month compared to the US average of $1,430. Additionally, grocery costs are also much lower than the national average at a local index score of 90 compared to the US score of 100.
The local economy is mainly supported by small businesses such as Horizon Bank, Scooter’s Place Bar & Grill, Daybreak Café and Bakery, and Dykstra Construction. While these businesses may be small compared to their larger counterparts found elsewhere in the country, they form an important part of life in Kyle and many residents find employment here.
Income by Population Percent
Economy
Kyle, South Dakota
United States
Unemployment Rate
8.7
6
Recent Job Growth
2.5%
-6.2%
Future Job Growth
17.1%
33.5%
Sales Taxes
4.5%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
$9,308
$37,638
Household Income
69021
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