Lawrence County, SD Economy


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United States / South Dakota / / Lawrence County / Cities / Zip Codes
Lawrence, SD County is an excellent place to live. With a two bedroom rent of only $870, it's much more affordable than the US average of $1,430. Although Lawrence has lower rent prices, the grocery cost index is the same as in the US. The county boasts many local businesses such as Midland Insurance Agency and Coronado Home Solutions which offer great services and products to its citizens. Additionally, Lawrence offers plenty of attractions like Summer Fun Park which has a variety of activities for all ages, as well as local restaurants with delicious food. With so much to do, Lawrence is a great place to call home.

Lawrence County has an unemployment rate of 3.0%. The US average is 6.0%.

Lawrence County has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.

Tax Rates for Lawrence County
- The Sales Tax Rate for Lawrence County is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Lawrence 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 Lawrence County
- The average income of a Lawrence County resident is $28,120 a year. The US average is $28,555 a year.
- The Median household income of a Lawrence County resident is $56,166 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLawrence, South DakotaUnited States
  36
  -2.0%-6.2%
  32.9%33.5%
  6.5%6.2%
  0.0%4.6%
  $37,180$37,638
  $56,166$69,021
  $78,750$85,028
  Population by Occupation
  3.3%1.2%
  1.9%0.5%
  8.8%6.8%
  5.4%10.0%
  1.4%2.5%
  11.7%11.0%
  2.3%4.8%
  1.1%0.8%
  1.7%1.9%
  2.8%4.7%
  1.0%1.9%
  4.6%7.6%
  0.5%0.1%
  2.3%4.2%
  9.4%9.3%
  11.6%14.0%
  5.8%2.1%
  14.0%7.0%
  6.5%4.8%
  3.9%4.7%
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