Best Places To Retire In South Dakota

When planning to retire, most retirees look for a state with a cost of living below the national average, a low crime rate, a state income tax below the national average, and beautiful scenery. If that is you, retiring in South Dakota, also popularly known as Mount Rushmore state, may be an excellent choice for you.

In South Dakota, most retirees love fishing in the Missouri River and Lake Oahe, hiking the Mount Rushmore National Memorial, and visiting the Badlands National Park and Black Hills National Forest. In addition, South Dakota residents experience unique art, amusement, and dining facilities.

In South Dakota, most retirees love fishing in the Missouri River and Lake Oahe, hiking the Mount Rushmore National Memorial, and visiting the Badlands National Park and Black Hills National Forest. In addition, South Dakota residents experience unique art, amusement, and dining facilities.

If you’ve been thinking about it, keep reading for a great resource on which cities and towns are best when you want to retire in South Dakota, and the fun things to do in those areas.

Key Takeaway

  • Retirement families appreciate South Dakota’s opportunities for amusement, art, education, and quiet life. South Dakota has the most beautiful scenery, towns with a community feel, and big cities such as Sioux Falls.
  • It has a lower cost of living and charges less tax when compared to other states, which is a crucial consideration factor for retirees on a fixed income. In addition, the state offers affordable living with median home prices of about $222,435.
  • In South Dakota, most retirees love fishing in the Missouri River and Lake Oahe, hiking the Mount Rushmore National Memorial, and visiting the Badlands National Park and Black Hills National Forest. In addition, South Dakota residents experience unique art, amusement, and dining facilities.

If you’ve been thinking about it, keep reading for a great resource on which cities and towns are best when you want to retire in South Dakota, and the fun things to do in those areas.

Huron

Huron is one of the best places to retire in South Dakota. For starters, approximately 62 percent of the population is 65 or older. The median house price in the city hovers at around $93,900, making it one of the cities with the most affordable housing in the state. Recent annual figures for property crimes were reported to be 58, while recent annual crimes in homes stand at 349. This means the city is generally safe.

In addition, Huron offers you an opportunity to spend your afternoons at the Dakota lands Museum, marvel at the world’s largest pheasants around the area, or grab food in the local pub. Huron is the perfect place for retirees looking for low cost suburban living and a family atmosphere.

Aberdeen

Aberdeen is one of the best cities to retire in South Dakota. It possesses great art and boasts musical shows, performances, concerts, theatres, and Storybook Land. It also has an affordable cost of living with median home values of about $111,600. The city offers its 28,324 citizens an opportunity to enjoy metropolitan facilities in quieter surroundings.

Also see our article on retiring when self employed, and also our article on retiring in Utah.

The Northern State University and the Presentation College are located in close proximity to the city, providing volunteer opportunities for the philanthropy retiree.

This community also has access to nearby hospitals and medical facilities that provide convenient healthcare services.

Finally, several parks in the city offer hiking opportunities, bird watching, camping, and cycling for the active retiree.

Vermillion

Vermillion is another one of the best places to retire in South Dakota. Located on the eastern side of the state, the city has a National Musical Museum with over 5,000 non-Western instruments for musical buffs and people who enjoy history.

Retired people may realize the time they’ll spend in school is over, but their interest in college life remains strong. Vermillion is often considered a college town. The Vermillion campus of the University of South Dakota is within city limits and has a strong community pride. Retirees interested in college life can settle in the area and involve themselves in college activities.

The Vermillion area also has an affordable and friendly lifestyle accessible to everyone, including the younger generation to the elderly. Opportunities to volunteer are plentiful to enrich the retiree’s golden years.

Vermillion also offers 90 acres of recreational grounds for recreational activities with your family and friends when they visit.

Rapid City

Rapid City is a city situated in east-central South Dakota near the famed Black Hills and is one of the best places to retire. Nearly 77,000 people call the city home. It’s an excellent choice for retirees looking to experience a larger city in smaller-town America. The nearby Black Hills offers activities all year round and the option to experience all the seasons.

The area of Rapid City has strong social bonds and a strong community feeling, as card games, pickling, and pool are popular amongst locals. Your grandkids will love visiting because the city has numerous playgrounds for children. Also, while Aberdeen has Storybook Land, Rapid City has Storybook Island for you and your grandchildren to enjoy.

Moreover, the Custer State Park is close to the city on its southwest, offering you more sightseeing opportunities.

Mitchell

Mitchell, a small town in South Dakota, is known for its Corn Palace, the first of its kind that offers a unique dining experience. The palace is redecorated annually with different themes containing 13 varieties of corn. Concerts and exhibitions can also take place there.

The town has a population of about 15,000 residents, making it an option for retirees who’d love to escape crowded areas and live a quiet life.

Mitchell is affordable to retired homeowners, with homes priced at around $229,000. Outdoor enthusiasts enjoy hiking, paddle boarding, canoeing, swimming, and other water activities. In general, the small town charm is the charm of retiring in Mitchell, South Dakota.

Watertown

Watertown, another small town in South Dakota, is a top spot for art and business. This charming town is home to the Terry Redlin Art Center, which contains over 150 works by the artist. Also, sushi, steaks, and sandwiches provide excellent food choices for the food critic.

This city has a median house values of around $285,000 and a population of 22,722. Despite its small size, this tiny municipality has flights to Chicago or Denver.

A former opera house at Watertown Town Center was also recently renovated. Imagine hosting your family to an intimate dinner at the Old Opéra; that’s the beauty of Watertown.

Sioux Falls

Sioux Falls is a big city in southeastern South Dakota and a great place for retirees who love outdoor activities, sightseeing, and generally want to remain active during their golden years. The city is made up of a total of 80 parks, a museum, and sculpture walks where you can spend time with your friends and relatives.

The affordable Sioux Falls cost of living is attractive, with the median home value of $318,000. It also offers a multitude of employment opportunities for retirees who have the skill and qualifications to work.

Falls Park is situated in the middle of downtown Sioux Falls South Dakota and provides an unforgettable experience. You can enjoy fishing, picnics, and sightseeing at the park.

Yankton

Yankton is another one of the best places for retirees. It has affordable living costs with median house values of $252,000. Its violent crimes are at 86 and property crimes at 375, making it generally safe.

Life in Yankton revolves largely around the Missouri River. People often visit Lewis and Clark Recreation Area and Meridian Highway bridges.

It is an excellent place for fishing, swimming, and spending time with your friends or relatives. Yankton is also one of the oldest historic cities and offers an eclectic mix of restaurants, outdoor activities and a unique shopping experience.

Yankton

Yankton is another one of the best places for retirees. It has affordable living costs with median house values of $252,000. Its violent crimes are at 86 and property crimes at 375, making it generally safe.

Life in Yankton revolves largely around the Missouri River. People often visit Lewis and Clark Recreation Area and Meridian Highway bridges.

It is an excellent place for fishing, swimming, and spending time with your friends or relatives. Yankton is also one of the oldest historic cities and offers an eclectic mix of restaurants, outdoor activities and a unique shopping experience.

Hot Springs

Hot Springs is an ideal destination for retirees looking for a more relaxed feel. This South Dakota town has much to offer those looking for a more rural lifestyle. It is home to a wildlife refuge, and the city itself has a rich history as it was one of the first settlements in the region. Hot Springs also boasts a variety of fun activities such as boating and hiking.

FAQs

Is South Dakota a good state to retire?

Yes, it is one of the best places to retire. It has many towns and cities with a high percentage of retirees. Also, from the Crazy Horse Memorial to the Dakota Nature Park and operas, South Dakota cities all have a different theme for people with different tastes to enjoy. The high population of retirees shows that other retirees love the Mount Rushmore State and you probably will too.

Is it tax friendly to retirees?

Yes, it is tax friendly to retirees. The state has no income tax, no estate or inheritance taxes, and no Social Security or pension taxes. Property taxes are also relatively low compared to other states. Furthermore, retirees can also enjoy certain exemptions, such as free license plates after age 65 and other bonus benefits for seniors.The state offers many tax incentives, including a homestead exemption, property tax credits, and more. This means seniors in the state will be able to keep more of their hard-earned retirement savings.

Does South Dakota tax pension income?

No, South Dakota does not tax pension income. The state does not tax Social Security benefits, pension income, IRA distributions, 401(k) plan withdrawals, or other retirement benefits. This makes it an ideal place to retire.

Social Sharing

Peter Grantham

Peter has been an avid investor in for all his life. Over that time he has accumulated a wealth of knowledge and experience including stocks, bonds, real estate, retirement, precious metals, cryptocurrencies and business investments. You can get in touch at my email: info@smallunites.org As the owner of this site "My Gold Silver Bitcoin", he aims to bring his knowledge and experience to new investors and seasoned veterans. My mailing address is: 41847 Moen Grove, Greenton, Arkansas, 80976

The owners of this website may be paid to recommend Goldco. The content on this website, including any positive reviews of Goldco and other reviews, may not be neutral or independent.

Live Precious Metals Prices

Latest Posts

Related Articles

Idaho Retirement: The Best Places to Live in the Gem State
Ahh, Idaho … the 'Gem State.' There is nothing far off the beaten path about Idaho’s popularity as ...
Read More
Investing for Retirement Income: Strategies to Maximize Your Savings
The idea of retirement income likely evokes both excitement and anxiety – excited about a future of leisure ...
Read More
Retirement in Colorado: The Best Places to Retire in the Rocky Mountains
For many retirees, the ideal retirement involves the freedom to explore a life of leisure in a locale ...
Read More