Hanson County, SD Economy


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United States / South Dakota / / Hanson County / Cities / Zip Codes
Hanson, SD County is a great place to live with an affordable cost of living. The average 2 bedroom rent in the county is only $830 whereas the US average is $1,430. This makes it easier for people who are on a budget to find quality housing. The cost of groceries is also lower than the national average, with a grocery cost index of 98 compared to 100 in the US. The area boasts several local businesses such as Hanson True Value Hardware Store and T&L Feed & Fertilizer Company, catering to all residents' needs. There are plenty of leisure activities including various parks and recreational facilities for people of all ages to enjoy.

Hanson County has an unemployment rate of 4.4%. The US average is 6.0%.

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 Hanson County
- The Sales Tax Rate for Hanson County is 5.1%. The US average is 7.3%.
- The Income Tax Rate for 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 Hanson County
- The average income of a Hanson County resident is $29,986 a year. The US average is $37,638 a year.
- The Median household income of a Hanson County resident is $75,132 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHanson, South DakotaUnited States
  4.46
  -2.4%-6.2%
  14.3%33.5%
  4.5%6.2%
  0.0%4.6%
  $29,986$37,638
  $75,132$69,021
  $86,518$85,028
  Population by Occupation
  14.4%1.2%
  0.8%0.5%
  10.7%6.8%
  11.0%10.0%
  1.4%2.5%
  10.6%11.0%
  3.3%4.8%
  1.0%0.8%
  1.7%1.9%
  7.3%4.7%
  0.6%1.9%
  5.9%7.6%
  0.0%0.1%
  1.2%4.2%
  7.4%9.3%
  11.1%14.0%
  0.9%2.1%
  6.6%7.0%
  1.6%4.8%
  2.6%4.7%
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