Wall Lake, SD Economy


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Wall Lake, SD is a small town located in the Midwest known for its friendly atmosphere and beautiful scenery. Rent in Wall Lake is much lower than the average across the US, with two-bedroom apartments priced at $1,000 compared to $1,430 on average nationally. Grocery cost index is also slightly lower in Wall Lake than the US average, with a score of 102 versus 100 nationwide. The town is home to several local companies such as Jones Auto Group, Noffke Lumber Co Inc, and Wall Lake Packing Company which provide a variety of employment opportunities to local residents.

Wall Lake has an unemployment rate of 3.2%. The US average is 6.0%.

Wall Lake 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 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Wall Lake
- The Sales Tax Rate for Wall Lake is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Wall 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 Wall Lake
- The average income of a Wall Lake resident is $24,749 a year. The US average is $28,555 a year.
- The Median household income of a Wall Lake resident is $123,774 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWall Lake, South DakotaUnited States
  3.26
  -1.1%-6.2%
  35.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $42,793$37,638
  $123,774$69,021
  $123,726$85,028
  Population by Occupation
  10.0%1.2%
  0.0%0.5%
  7.6%6.8%
  5.6%10.0%
  1.7%2.5%
  0.0%11.0%
  1.0%4.8%
  4.7%0.8%
  0.0%1.9%
  4.4%4.7%
  4.4%1.9%
  14.2%7.6%
  0.0%0.1%
  4.3%4.2%
  13.3%9.3%
  19.3%14.0%
  4.9%2.1%
  1.6%7.0%
  0.0%4.8%
  2.8%4.7%
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