Are You Moving To South Dakota?
South Dakota is a U.S. state in the Midwestern region of the United States. South Dakota is bordered by the states of North Dakota (to the north), Minnesota (to the east), Iowa (to the southeast), Nebraska (to the south), Wyoming (to the west), and Montana (to the northwest). Pierre is the state capital and Sioux Falls[sue falls], is the largest city. South Dakota has a population of just over 900,000.
South Dakota is an expansive, sparsely populated midwestern U.S. state where rolling prairies give way to the dramatic Black Hills National Forest. The Black Hills is home to 2 historical monuments carved right into towering granite peaks: Mt. Rushmore, the iconic depiction of 4 revered U.S. presidents, and Crazy Horse Memorial, a tribute to the storied Native American tribal leader.
South Dakota has no income tax. Thus ANY income is not taxed. South Dakota also has a moderately low sales tax too, clocking in at around 6.40%. Property taxes are on the high end, around 1.21%. Not extraordinarily high but in the top 20 nationwide. However, South Dakota median property isn’t overly expensive so the actual dollars residents pay in property tax are in the bottom half of the country. All in all, no income tax, low sales tax, middling property tax, South Dakota is very favorable for retirees.
If you’re moving to South Dakota, there are a lot of things you’re going to need to know. Luckily, you’ve come to the right place.
Moving to South Dakota
Pros and Cons of Living in South Dakota
Here are a few pros and cons to consider as you make your move to The Mount Rushmore State:
- No income tax: Yep, that’s not a typo. No income taxes! Along with this pleasant lack of taxation, the base sales tax is only 4.5%. That’s good enough to be the 13th lowest in the United States.
- Unspoiled nature: The Missouri River splits the stay into two regions. From the Black Hills in the west to the rolling prairies in the east, the scenery is both wild and wondrous.
- Small town vibe: Regardless of whether you’re in a tiny town in West River or the bustling city of Sioux Falls, the state feels like an old friend, offering comfort, friendliness, and community.
- Booming business: This is especially true for small businesses. The state of South Dakota is a great place for entrepreneurs and creatives looking to capitalize on the state’s low taxes and other perks.
- Extreme seasons: From unbelievably hot to teeth-chattering cold, the midwestern state has intense summers and winters. If moving here, be prepared for crazy temperature changes.
- Unpredictable weather: The word ‘wild’ encapsulates South Dakota’s landscape, but it also refers to the fickle weather. Temps can change abruptly from day to day, even hour to hour.
- Lower median salaries: Even though the state offers a low cost of living and attractive housing costs, South Dakota currently ranks #30 on the list of median household incomes by state.
- Property Tax: 1.22%. The effective real-estate tax rate is #17 lowest in the US.
- Sales Tax: South Dakota’s base state sales tax rate is currently 4.50%.
- Income Tax: The state does not currently collect personal income tax.
The typical home value of homes in South Dakota is $238,942. This value is seasonally adjusted and only includes the middle price tier of homes. South Dakota home values have gone up 9.2% over the past year.
What Should I Know In 2021?
South Dakota’s economy is driven by agriculture, tourism, financial services, and manufacturing, along with growing opportunities in professional, biotech, and technical services. The state’s economic snapshot shows why more businesses and people are choosing South Dakota as their next stepping stone for success.
South Dakota is currently ranked 10th in the United States for its economic outlook. This is a forward-looking forecast based on the state’s standing (equal-weighted average) in 15 important state policy variables. Data reflect state and local rates and revenues and any effect of federal deductibility.
Get a Quote
What Our Clients Say
Moving is such a stressful experience but this company made it very easy. I was able to get a quote and schedule my move without any issues. The movers showed up early and completed the job in the time i was quoted with no issues. I would absolutely recommend them to a friend and use them if i ever move again.
Such a great company to work with, they provided me a smooth move! They were very professional, all of my items were in the same shape as they were in my prior home, nothing broke along the way and absolutely nothing went missing! Such a perfect move!
These guys are great.............Everything was smooth and easy.......I would highly recommend for anybody who is moving......local or long distance...we moved from southern Calif to Prescott...all good...If you want the best then you want Real Movers
What a extraordinary first experience using a professional moving company! The move was very organized and quick, I have also been very hesitant to use a moving company, expecting a huge bill, but Real Movers was very affordable! Thank you guys for an amazing job!
I have used Real Movers twice, and both times I have been impressed with their efficiency, communication, and care. They are a great team.
Real Movers made my move easy and stress-free. The cost was less than anticipated, From the time I first contacted them for a quote, and throughout the time prior to the move, communication was ongoing. They were the first company I contacted and didn't feel a need to obtain any other quotes.
Amazing price, amazing service. Real Movers made great work. They were polite, prompt, careful, and Strong! They took the stress out of me, forever thankful..highly recommend!
Traffic & Transportation
South Dakota is at the heart of the United States in the most literal sense. Home to the geographical center of the country, South Dakota companies have swift access to all major U.S. regions thanks to a robust network of highways and railroads. Apart from being just a short distance from several major metros, seven commercial airports make it easy to stay globally connected while remaining locally invested.
There is no train service in South Dakota, but the state has decent coverage by long-distance coaches. Greyhound is perhaps the best bus company for people traveling from far away. Its network covers the entire country and can get you to Sioux Falls or Rapid City with just one or two connections.
Cost of living
South Dakota boasts a lower cost of living than the national average when it comes to health, housing, utilities, and transportation. With all of these savings, South Dakota residents gain a lot: … Affordable housing and premium healthcare with low traffic, congestion, and crime.
South Dakota has no state income tax and no corporate income tax and is considered by some to be one of the top tax-friendly states in the United States! This means that if you work in South Dakota, your paycheck will be free of taxes other than the federal income taxes. If you are retired, South Dakota does not tax any form of retirement income including Social Security benefits, offering a big advantage in having an affordable cost of living. South Dakota’s tax rates will make your take-home pay higher and provide more income for the basic cost of living purchases. South Dakota does, however, have a state and local combined 7.1% sales tax. The property taxes in South Dakota are higher than other low tax-friendly states, but overall South Dakota has a lot to offer as a tax-friendly state.
Energy is one of the costs that contribute to the cost of living in a state. The cost of your utilities may fluctuate based on weather conditions. South Dakota is noted as a state that has some of the worst winter weather in the U.S. Snow, bitterly cold temperatures, storms, and strong winds can force you indoors for days on end. This typical winter weather can drive your energy costs and cost of living higher than in states with a milder climate. Expect to pay more for your utility bills during the winter months.
Moving to South Dakota
Things to Know When Moving To South Dakota
Moving is one of the most exciting and overwhelming events in our lives. While there are many moving companies and various different resources to choose from, there is only one Real Movers. If you are in the process of planning a long-distance move, and you are looking for a moving company you can trust, Real Movers is your perfect choice.