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Plano, SD Economy
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United States
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South Dakota
/
Mitchell Metro Area
/
Hanson County
/ Plano /
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Plano, SD is a great place to live with a low cost of living. The average two bedroom rent is only $840 per month, which is significantly lower than the US average of $1,430. Grocery costs are also affordable in Plano and have an index of 98 compared to 100 in the US. This makes it easier for people to stretch their income further when buying essentials. \nPlano is home to several local businesses such as JK Building Supply, Pioneer Bank & Trust, and Jim's Pizza Palace. These businesses offer goods and services that are competitively priced and convenient for residents. All in all, Plano offers a great quality of life with its lower cost of living and variety of local companies.
Income by Population Percent
Economy
Plano, South Dakota
United States
Unemployment Rate
4.4
6
Recent Job Growth
-2.4%
-6.2%
Future Job Growth
14.3%
33.5%
Sales Taxes
4.5%
6.2%
Income Tax
0.0%
4.6%
Income per Cap.
$9,231
$37,638
Household Income
69021
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