Climax, ND Economy


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Climax, ND is a small, rural town located in the north-central part of North Dakota. With a population of just over 200 people, Climax offers a quiet and peaceful atmosphere away from the hustle and bustle of larger cities. The town's cost of living is considerably lower than the nationwide average with 2 Bedroom Rent coming in at $1,080 compared to the US 2 Bedroom Rent which is $1,430. Additionally, grocery costs are quite low with an index of 97 versus 100 in the US.
In addition to its low cost of living, Climax offers several local businesses and amenities for residents to enjoy. These include the Post Office Café & Lounge which serves traditional American food and drinks as well as the Climax Grocery Store which provides necessary groceries for locals. Other nearby attractions include North Country Trails Snowmobile Club where visitors can take part in snowmobiling activities during winter months.

Climax has an unemployment rate of 9.0%. The US average is 6.0%.

Climax has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 1.4%, which is lower than the US average of 33.5%.

Tax Rates for Climax
- The Sales Tax Rate for Climax is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Climax 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 Climax
- The average income of a Climax resident is $0 a year. The US average is $28,555 a year.
- The Median household income of a Climax resident is $88,602 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClimax, North DakotaUnited States
  96
  -14.6%-6.2%
  1.4%33.5%
  6.0%6.2%
  2.0%4.6%
  $77,949$37,638
  $88,602$69,021
Family Median Income 85028
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