Long Lake, South Dakota is an affordable place to call home. With two bedroom rent averaging around $770 per month, it is significantly lower than the average for two bedroom rent across the United States which is $1,430. The local grocery cost index is also lower at 99 in comparison to the US at 100. There are several unique businesses in Long Lake such as McT's Pub, the Brown Barrel Bakery & Cafe, and Tailgate Sports Bar & Grill. It’s easy to see why Long Lake would be a prime destination for those looking to live in a rural area with plenty of amenities nearby at an affordable price.
Long Lake has an unemployment rate of 4.0%. The US average is 6.0%.
Long Lake 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 Long Lake
- The Sales Tax Rate for Long Lake is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Long Lake 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 Long Lake
- The average income of a Long Lake resident is $9,925 a year. The US average is $28,555 a year.
- The Median household income of a Long Lake resident is $56,250 a year. The US average is $69,021 a year.