South Dakota Ranks in Top 10 for the Middle Class
The 605 did well on a ranking of quality of life of states for the middle class.
South Dakota came in sixth in the nation in a study done by SmartAsset.com. The study looked at factors like the percentage of households in the middle class, median household income for the cost of living, median home value, and homeownership rate.
South Dakota takes sixth place in our study on the best states for the middle class. It ranks second overall for the percentage of households in the middle class, at 48.7%. Median household incomes in South Dakota remained relatively flat in the five-year period from 2014 through 2018, increasing by only 10.39%. Furthermore, South Dakota has top-20 rates for median home value, homeownership rate and five-year middle-class job growth.
Utah topped this list. Iowa came in third, followed by Nebraska at fourth. Minnesota was tenth on the list.
This is quite an accomplishment considering that South Dakota is "on meth."