Spearfish Canyon in the Black Hills of South Dakota
Folks come from all over for the Sturgis motorcycle rally
Son watches Dad visit with NRCS conservationist - Photo by USDA NRCS / WC / Public Domain
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Housing in Lawrence County
The inside story on rent prices
Source: US Census Bureau - ACS 5 Yr 2022
Almost half of renters in the United States pay 1/3 or more of their monthly income for rent (third column above). Compare that with rent in Lawrence County and South Dakota in the first two columns. The optimal rent to household income ratio is 25% to 28% or less. When you pay more than 30% of your income towards rent, your ability to pay for food, transportation, health care, education, and savings becomes increasingly difficult.
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