Lynn township (Moody County), SD Economy


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United States / South Dakota / No Metro Area / Moody County / Lynn township (Moody County) / Zip Codes
Lynn township (Moody Cnty), SD is a great place to live in. Rent for a two-bedroom apartment in this area can be found at an affordable price of $860, which is significantly lower than the US average of $1,430. Additionally, groceries here are also cheaper with the cost index being 101 compared to 100 in the US. The local economy is strong and there are plenty of businesses to choose from including J&R Auto Service, Milltown Cafe, Moody County Museum and Moody County Park. These places offer residents the opportunity to spend quality time with their friends and family. Furthermore, there are plenty of attractions nearby such as the Moody County Conservation Board and Moody County Historical Society which provide visitors with interesting insights into the area's rich history.

Lynn township (Moody County) has an unemployment rate of 3.2%. The US average is 6.0%.

Lynn township (Moody County) 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 Lynn township (Moody County)
- The Sales Tax Rate for Lynn township (Moody County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lynn township (Moody County) 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 Lynn township (Moody County)
- The average income of a Lynn township (Moody County) resident is $40,065 a year. The US average is $37,638 a year.
- The Median household income of a Lynn township (Moody County) resident is $105,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLynn township (Moody County), South DakotaUnited States
  3.26
  -2.8%-6.2%
  27.6%33.5%
  4.5%6.2%
  0.0%4.6%
  $40,065$37,638
  $105,375$69,021
  $106,000$85,028
  Population by Occupation
  17.4%1.2%
  0.0%0.5%
  2.4%6.8%
  2.4%10.0%
  0.0%2.5%
  7.8%11.0%
  0.0%4.8%
  0.0%0.8%
  6.0%1.9%
  12.6%4.7%
  0.0%1.9%
  10.8%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  5.4%14.0%
  6.6%2.1%
  0.0%7.0%
  12.0%4.8%
  16.8%4.7%
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