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 decrease by -1.1% 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 $42,793 a year. The US average is $37,638 a year.
- The Median household income of a Wall Lake resident is $123,774 a year. The US average is $69,021 a year.