Lone Rock, SD is a small town with a population of about 1,000 people. It offers a peaceful atmosphere for its residents and has several local businesses such as Lone Rock Cafe, Lone Rock Construction & Supply, and Lone Rock Auto Repair. The cost of living in Lone Rock is low compared to the US average. Rent for a two-bedroom apartment is only $830 per month compared to the national average of $1,430. Groceries are also cheaper in Lone Rock; according to the Grocery Cost Index, it costs 96 versus 100 in the US overall. All in all, Lone Rock is a great place for those looking for an affordable place to live.
Lone Rock has an unemployment rate of 3.2%. The US average is 6.0%.
Lone Rock has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 27.6%, which is lower than the US average of 33.5%.
Tax Rates for Lone Rock
- The Sales Tax Rate for Lone Rock is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lone Rock 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 Lone Rock
- The average income of a Lone Rock resident is $97,115 a year. The US average is $28,555 a year.
- The Median household income of a Lone Rock resident is $77,143 a year. The US average is $69,021 a year.