Cogswell, ND is a small town in the northern part of the state. As one of the most affordable cities in North Dakota, it offers residents two bedroom rentals at a much cheaper rate than the national average. Not only is rent inexpensive, but grocery expenses are lower as well with a grocery cost index at 92 compared to 100 across the US. Additionally, Cogswell has many local businesses and attractions for its residents to enjoy. The Cogswell Inn is a popular spot for lodging and eating out while the nearby Lakeside Casino offers entertainment options. There are also several stores like Runnings and Ace Hardware that offer all kinds of goods and services. For outdoor activities, people can explore Marshall Lake or visit Wigwam Park to picnic and take nature walks. Ultimately, Cogswell is an affordable yet charming city with plenty of amenities to keep its residents happy.
Cogswell has an unemployment rate of 2.6%. The US average is 6.0%.
Cogswell has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.
Tax Rates for Cogswell
- The Sales Tax Rate for Cogswell is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Cogswell 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 Cogswell
- The average income of a Cogswell resident is $28,706 a year. The US average is $28,555 a year.
- The Median household income of a Cogswell resident is $55,625 a year. The US average is $69,021 a year.