Wayne township (Hanson County), SD Economy


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Wayne township (Hanson Cnty), SD is a great place to live with its affordable rent and cost of living. The average 2 bedroom rent in the area is $800, much lower than the US average of $1,430. Additionally, the grocery cost index in Wayne township (Hanson Cnty), SD is 98 versus 100 in the US. Wayne Township offers its residents plenty of opportunities for employment and leisure. It has many local businesses, including Hanson County Bank, Hanson County Motors, Hanson County Student Services & Learning Center, and Hanson County Medical Services. There are also a variety of restaurants and stores to choose from in the area. With its low rent and cost of living expenses plus ample job opportunities, Wayne township (Hanson Cnty), SD is an excellent place to call home.

Wayne township (Hanson County) has an unemployment rate of 4.4%. The US average is 6.0%.

Wayne township (Hanson County) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 14.3%, which is lower than the US average of 33.5%.

Tax Rates for Wayne township (Hanson County)
- The Sales Tax Rate for Wayne township (Hanson County) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Wayne township (Hanson 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 Wayne township (Hanson County)
- The average income of a Wayne township (Hanson County) resident is $35,729 a year. The US average is $28,555 a year.
- The Median household income of a Wayne township (Hanson County) resident is $90,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWayne township (Hanson County), South DakotaUnited States
  4.46
  -2.4%-6.2%
  14.3%33.5%
  4.5%6.2%
  0.0%4.6%
  $33,043$37,638
  $90,000$69,021
  $84,107$85,028
  Population by Occupation
  40.5%1.2%
  0.0%0.5%
  11.2%6.8%
  8.6%10.0%
  0.0%2.5%
  6.0%11.0%
  9.5%4.8%
  0.0%0.8%
  0.0%1.9%
  2.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.4%4.2%
  3.4%9.3%
  11.2%14.0%
  0.0%2.1%
  0.0%7.0%
  3.4%4.8%
  0.0%4.7%
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