Springdale township (Lincoln County), SD Economy


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United States / South Dakota / Sioux Falls Metro Area / Lincoln County / Springdale township (Lincoln County) / Zip Codes
Springdale township (Lincoln Cnty), SD is a great place to live, work and play. Residents of the township enjoy affordable rental rates, with two bedroom apartments costing an average of $1,110 a month compared to the national average of $1430. Additionally, the Grocery Cost Index in Springdale township is 104 compared to the US average of 100, making it a cost efficient place to shop for groceries.
The township offers a variety of businesses and amenities for its residents. Some popular local companies are Lincoln County Bank & Trust Company, Hansen's Auto Body & Repair Inc., Green Acres Grocery Store, and Springvale Golf Course. The city also provides entertainment options like movies at the local theater and bowling alley as well as parks and recreational activities. In short, Springdale township is an ideal place for people of all ages looking for an affordable yet enjoyable lifestyle.

Springdale township (Lincoln County) has an unemployment rate of 2.5%. The US average is 6.0%.

Springdale township (Lincoln County) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.

Tax Rates for Springdale township (Lincoln County)
- The Sales Tax Rate for Springdale township (Lincoln County) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Springdale township (Lincoln 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 Springdale township (Lincoln County)
- The average income of a Springdale township (Lincoln County) resident is $49,081 a year. The US average is $37,638 a year.
- The Median household income of a Springdale township (Lincoln County) resident is $86,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringdale township (Lincoln County), South DakotaUnited States
  2.56
  -1.1%-6.2%
  39.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $49,081$37,638
  $86,875$69,021
  $95,139$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  7.8%6.8%
  10.0%10.0%
  2.1%2.5%
  18.3%11.0%
  3.0%4.8%
  0.9%0.8%
  1.4%1.9%
  6.0%4.7%
  4.8%1.9%
  4.9%7.6%
  0.0%0.1%
  0.9%4.2%
  6.5%9.3%
  16.8%14.0%
  1.3%2.1%
  5.8%7.0%
  8.3%4.8%
  1.0%4.7%
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