Lincoln County, SD Economy


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United States / South Dakota / / Lincoln County / Cities / Zip Codes
Lincoln, SD County is a great place to live and work. The county offers local businesses such as Smith Family Farms, University of South Dakota, Sanford Health, Avera Health, Walmart, Hy-Vee grocery store, KFC and more. The cost of living here is fairly low compared to other areas with 2 bedroom rent at $950 and grocery cost index at 100 versus the US average of 100. Lincoln also offers a variety of recreational activities such as fishing on Lake Alvin or golfing at Prairie Green Golf Course. There are plenty of other activities available for both locals and visitors alike in this area.

Lincoln County has an unemployment rate of 2.5%. The US average is 6.0%.

Lincoln County 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 39.6%, which is higher than the US average of 33.5%.

Tax Rates for Lincoln County
- The Sales Tax Rate for Lincoln County is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Lincoln 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 Lincoln County
- The average income of a Lincoln County resident is $34,624 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln County resident is $87,560 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincoln, South DakotaUnited States
  2.56
  -1.1%-6.2%
  39.6%33.5%
  6.5%6.2%
  0.0%4.6%
  $45,665$37,638
  $87,560$69,021
  $102,136$85,028
  Population by Occupation
  2.2%1.2%
  0.1%0.5%
  5.3%6.8%
  8.8%10.0%
  3.6%2.5%
  12.6%11.0%
  3.3%4.8%
  0.3%0.8%
  1.8%1.9%
  9.6%4.7%
  1.7%1.9%
  6.5%7.6%
  0.5%0.1%
  3.6%4.2%
  6.6%9.3%
  20.0%14.0%
  1.5%2.1%
  4.7%7.0%
  4.3%4.8%
  3.1%4.7%
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