Knox, ND is a small rural town located in the heart of North Dakota. The cost of living is significantly lower than most places in the US; with a 2 bedroom rent of $800 compared to $1,430 in the US and a grocery cost index of 94 versus 100 in the US. Knox offers its residents plenty of opportunities and amenities for work and leisure. Local businesses such as The Corner Market & Deli, Lewis-Magnar Agency Inc., and Kaphwan Family Restaurants offer excellent services to the local community. There are also many attractions that bring visitors to Knox including Badlands National Park, Old Trail Museum, and Painted Canyon Visitor Center. Whether you’re looking for a place to live or just visiting for a few days, Knox is sure to have something for everyone.
Knox has an unemployment rate of 6.5%. The US average is 6.0%.
Knox has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 5.5%, which is lower than the US average of 33.5%.
Tax Rates for Knox
- The Sales Tax Rate for Knox is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Knox 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 Knox
- The average income of a Knox resident is $19,089 a year. The US average is $28,555 a year.
- The Median household income of a Knox resident is $62,083 a year. The US average is $69,021 a year.