By Caroline Kirby
If you’re looking to set your roots in a business-friendly economy and expansive and beautiful place, your first thought may not be South Dakota. However, the Mount Rushmore State
has been a well-kept secret of one of the best places to move to. Low taxes make it a great place to grow, while the gorgeous landscapes make it even more exciting to explore.
Curious if South Dakota is the right fit for you? Here are some of the perks of settling down in the sparsely populated midwestern state.
Why You Should Buy Land in South Dakota
Property business is particularly hot here and projected to keep growing in the coming years. Sure, you can see some of the most famous national monuments in the country (Mount Rushmore and the Crazy Horse Memorial), but there’s so much more to the state that’s worth mentioning.
1. Strong Economic Growth
: On the hunt for a new career opportunity? Look no further. Skilled professionals across various high-wage opportunities are in high demand here. Specialty trades, mechanics, nurses, and even jobs within account/finance are among the most in need. Want to be your own boss? Good news - South Dakota is the number one state for starting a business
, number two state for best business tax climate, and there are no corporate income tax or business inventory taxes.
2. High Quality of Life (for a Lower Cost)
: South Dakota isn’t all about business though, it’s a great place for those looking to have a strong work-life balance. You can enjoy a lower cost of living here with health, housing, utilities, and transportation all below the national average. It’s consistently in the top five as the best state to retire and for quality of life. Plus, you can enjoy all four seasons here!
3. Farms are Seriously Big: The saying may be “everything is bigger in Texas,” but when it comes to farming land, South Dakota doesn’t play around. The average South Dakota farm is three times the size of the average American farm and is expected to continue growing. An interesting tidbit about these farms is that more than half of them are family-owned. Are you looking for land to use outside of agriculture? There’s no shortage of fertile hunting ground, and you’ll find trophy land scattered across all corners of the state. Plus, some of the best freshwater fishing in South Dakota’s glacial lakes and mountain streams, not including the more than 1,100 square miles of surface water across the state.
Whether you’re looking to relocate your family, start your career, or settle down and enjoy your retirement, South Dakota likely has something to offer you. Surely natural beauty, a booming economy, and unspoiled land that’s sparsely populated are enticing enough to start the search for your perfect piece of land in South Dakota. You can check out all the current South Dakota land listings available on LandHub.com. Have land that you’re ready to let go of? Advertise on the fastest growing land network in the country!
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