Bowbells, ND is a small rural town in North Dakota. It is most known for its affordable living costs. The average two bedroom rent in Bowbells is only $810 compared to the US average of $1,430, making it an attractive place to settle down for those looking for an affordable place to call home. Additionally, the grocery cost index in Bowbells is 95 versus 100 in the US which further adds to its low cost of living benefits.
The town has a few local companies and restaurants that offer residents various activities. Some of the local businesses include Baisch Auto Body & Glass Repair, Ag Services & Rentals LLC, and JT's Trucking Inc. There are also some delicious eateries with options ranging from Joey's Pizza Place to Lutovsky Family Market Steakhouse & Saloon.
Bowbells has an unemployment rate of 6.5%. The US average is 6.0%.
Bowbells has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 3.5%, which is lower than the US average of 33.5%.
Tax Rates for Bowbells
- The Sales Tax Rate for Bowbells is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Bowbells is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bowbells
- The average income of a Bowbells resident is $35,835 a year. The US average is $28,555 a year.
- The Median household income of a Bowbells resident is $88,438 a year. The US average is $69,021 a year.