Moving to South Dakota in 2024? Complete Moving Guide

Are you thinking of moving to South Dakota? 

Relocating to South Dakota means living in a state with an affordable cost of living and beautiful landscapes. The state experiences four distinct seasons, where winters are cold and snowy. If you move here, you will enjoy the friendly and welcoming environment and ample outdoor opportunities like biking, hiking, camping, fishing, and more. The job market is limited in South Dakota as compared to larger cities. But these details are not sufficient to decide whether to relocate there or not. Let us explore South Dakota through this moving guide-

• South Dakota Demographics
• Quick Facts of South Dakota
• Top reasons to move to South Dakota
• Pros & Cons of Living in South Dakota
• Best Places to Live in South Dakota
• Best Neighborhoods in the South Dakota
• Cost of living in South Dakota
• Major industries in South Dakota
• Top Career Options in South Dakota
• Best things to do in South Dakota
• Education System in South Dakota
• Type of insurance required in South Dakota
• Taxes in South Dakota

Most of the population is white, with a mix of different ethnicities. The highest population ratio lives in urban areas. In this section, you can check the statistics associated with the demography of South Dakota-

Male vs Female Population of South Dakota 

Population distribution by Ethnicity in South Dakota

Cost of Living by Categories in South Dakota vs USA 

Median House Price in South Dakota vs USA

Median Rent Price in South Dakota vs USA

Housing Market in South Dakota

The housing market in South Dakota is typically lower than in other parts of the country. The state has experienced a steady demand in recent years. However, there is a limited supply of homes for sale. The mortgage rates are competitive offering a favorable environment for homebuyers.

Average Rental Cost in South Dakota

The average rental cost in South Dakota is generally lower than in many other parts of the US. The rental process varies depending on several factors like location, size of the property, amenities, and age of the property.

Median Home Value in South Dakota

The median home value in South Dakota is generally lower than in many other states in the US. The median home value varies depending on several factors including location, amenities, size, and age of the property.

How is the job market in South Dakota? 

In recent years, the job market in South Dakota has shown stability and it focuses on certain industries. The unemployment rate in the state is lower as compared to other states and the economy is growing. Before moving to South Dakota, it is important to research its job market. This section of our guide will provide relevant details about the job market in South Dakota-

Median Income in South Dakota vs USA 

Unemployment Rate in South Dakota vs USA

Biggest Companies in South Dakota by city and number of employees

Before you plan to relocate to South Dakota, it is better to explore the companies in the state. The state is home to some of the biggest companies and here we have listed their details.

For your reference, we have listed some of the best schools, colleges, and universities in the table-

Auto Insurance- If you move to South Dakota, all vehicle owners must have this insurance by law. This insurance policy provides coverage in case of property damage liability, bodily injury liability, personal injury liability, and more.

Professional Liability Insurance- This insurance policy is for doctors, lawyers, and accountants as it will protect them against claims of negligence or errors in their work. This insurance is also known as malpractice insurance.

Worker’s Compensation Insurance- All employers in the state with one or more than one employee are generally required to have worker’s compensation insurance. This insurance will cover medical expenses and lost wages if the employees get injured on the job.

Homeowners Insurance- This insurance policy provides coverage against the damage to your home and belongings. It will also provide liability for injuries or property damage caused by you or your family.

Renters Insurance- This insurance will protect your personal belongings and liability if you are renting a house.

Life Insurance- This insurance policy provides financial support to your family in the event of your death.

State Income Tax- There is no state income tax in South Dakota.

Local Income Tax- Some cities and counties in South Dakota may impose local income tax.

Sales Tax- The state has 4.5% of state sales tax. Some cities and counties impose local sales tax that varies for each location.

Property taxes- The property taxes in South Dakota are accessed on the real estate in the state. The tax rate may vary depending on the location, assessed value, and other factors related to the property.

Excise taxes- South Dakota imposes excise taxes on various goods and services like gasoline, tobacco, and alcohol.

Disclaimer: The information provided in this guide is for informational purposes only and should not be construed as legal, financial, or professional advice. It is recommended to conduct thorough research and consult relevant experts before making any decisions related to relocation.