Laketon, South Dakota 

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Economy in Laketon, South Dakota

Laketon has an unemployment rate of 2.9%. The US average is 3.9%.

Laketon 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 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Laketon
- The Sales Tax Rate for Laketon is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Laketon 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 Laketon
- The average income of a Laketon resident is $30,310 a year. The US average is $28,555 a year.
- The Median household income of a Laketon resident is $51,250 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYLaketon, South DakotaUnited States
  3.0%3.7%
  0.7%1.6%
  29.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $41,041$31,177
  $41,938$57,652
  $84,000$70,850
  POPULATION BY OCCUPATION
  12.0%1.3%
  0.0%0.6%
  23.9%6.2%
  10.9%10.4%
  0.0%2.7%
  17.4%11.6%
  0.0%4.1%
  10.9%0.9%
  0.0%2.1%
  0.0%4.7%
  0.0%1.9%
  0.0%6.7%
  0.0%0.1%
  0.0%4.3%
  4.3%9.3%
  16.3%13.8%
  0.0%2.2%
  0.0%7.4%
  4.3%4.9%
  0.0%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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