Leola, SD is a small town located in McPherson County with an estimated population of 450 people. The cost of living in Leola is relatively low as compared to the US average. For example, rent for a two bedroom apartment is only $720 which is much lower than the national average of $1,430. Additionally, grocery costs are also lower with an index score of 94 versus 100 nationally.
Leola has a few local companies that provide job opportunities to its residents such as G&K Services, Wyman's Prairie View Dairy and Yost Electric. G&K services offers services such as uniform rental and industrial cleaning solutions while Wyman's Prairie View Dairy manufactures quality dairy products such as cheese and milk. Yost Electric provides electrical contracting services for commercial and residential customers in the area.
The job market in Leola is quite limited due to its small population size but there are still many opportunities available for those willing to seek them out. Local companies are always looking for skilled and dedicated workers who can contribute to their business’ growth and success. Aside from these local businesses, there are also many activities within the community that people can take part in such as volunteering at local charity organizations or taking part in recreational activities such as outdoor sports or music lessons.
Leola has an unemployment rate of 4.0%. The US average is 6.0%.
Leola has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Leola
- The Sales Tax Rate for Leola is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Leola 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 Leola
- The average income of a Leola resident is $18,108 a year. The US average is $28,555 a year.
- The Median household income of a Leola resident is $77,917 a year. The US average is $69,021 a year.