Mikkelson, ND is a small town located in the North Dakota region. It has a population of around 1,000 people. The cost of living in Mikkelson is relatively low compared to other areas in the US. The average two-bedroom rent here is $840, which is much lower than the national average of $1,430. The grocery cost index is also comparable to the US at 92 compared to 100. Local companies in Mikkelson include Armin's Rental Services, D&D Bakery, and Pete's Auto Repair. These businesses provide residents with necessary goods and services at an affordable price, making Mikkelson an attractive place to live for those looking for affordability as well as quality of life.
Mikkelson has an unemployment rate of 2.6%. The US average is 6.0%.
Mikkelson has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Mikkelson
- The Sales Tax Rate for Mikkelson is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Mikkelson 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 Mikkelson
- The average income of a Mikkelson resident is $21,773 a year. The US average is $28,555 a year.
- The Median household income of a Mikkelson resident is $61,300 a year. The US average is $69,021 a year.