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Our iconic attractions include Mount Rushmore National Memorial, Badlands National Park, the Black Hills and the Missouri River. On top of that, we have abundant state parks, lakes and trails. Beyond that, we have some of the nation's best hunting and fishing. It's the complete package.
Living in South Dakota comes with tax benefits like not having to pay state income tax and favorable requirements for small-scale businesses. South Dakota is considered the happiest State in America because its economy is one of the strongest in the country, giving small businesses the best environment for growth.
Sioux Falls, city, seat (1868) of Minnehaha county, southeastern South Dakota, U.S. It lies on the Big Sioux River, near the Iowa and Minnesota state lines.
South Dakota Taxes South Dakota happens to be one of nine states with no income tax. It explains that the wage tax is substantially lower than the average tax payments. Excluding federal, state, and local taxes like property taxes or sales taxes, the tax burden in South Dakota is lower than the national figure.
Ing to research, the cost of living in South Dakota is 6% lower than the national average. While ing to data gathered in 2022 from MERIC, the Missouri Economic Research and Information Center, the state ranks 21st in a list of states with the lowest to the highest cost of living.
Pros & Cons of Living in South Dakota Pros of living in South DakotaCons of living in South DakotaUnspoiled natureSouth Dakota is sparsely populatedRobust job marketExtreme weather conditionsDecent and high quality of lifeUnpredictable weatherHuge banking opportunitySmall town vibe6 more rows
Living in South Dakota comes with tax benefits like not having to pay state income tax and favorable requirements for small-scale businesses. South Dakota is considered the happiest State in America because its economy is one of the strongest in the country, giving small businesses the best environment for growth.