Lane, SD is a small town located in the plains of South Dakota. It is home to fewer than 400 people, making it a great place for those looking to escape the hustle and bustle of city life. Despite its size, Lane has plenty to offer its residents. From its affordable rent (just $680 for two bedrooms) to its low grocery cost index (97 vs 100 in the US), Lane is an excellent option for those on a budget.
Additionally, Lane boasts several local businesses that are perfect for getting involved in the community. Local business include Country Gardens Nursery and Greenhouse, which provides custom landscaping services, and Freeman Fertilizer Company Inc., which provides crop nutrients and fertilizer services. Finally, outdoor lovers will appreciate how easy it is to access nature's beauty with nearby parks such as Cedar Shore State Park or Bad River State Forest. All in all, Lane offers everything one could need from a small town—at prices that can't be beat!
Lane has an unemployment rate of 2.1%. The US average is 6.0%.
Lane has seen the job market increase by 5.3% over the last year. Future job growth over the next ten years is predicted to be 29.0%, which is lower than the US average of 33.5%.
Tax Rates for Lane
- The Sales Tax Rate for Lane is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lane 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 Lane
- The average income of a Lane resident is $26,581 a year. The US average is $37,638 a year.
- The Median household income of a Lane resident is $0 a year. The US average is $69,021 a year.