Oakes, ND is a small town located in Dickey County with a population of 1,084. It is known for its rural farmland and friendly atmosphere. Local companies include A-1 Electronics & Satellite Systems, Bishop's Westside Tire & Auto Service, and Oakes Dairy Queen. The cost of living in Oakes, ND is lower than the national average; 2 bedroom rent in Oakes costs $810 whereas US 2 bedroom rent is $1,430 and grocery cost index in Oakes stands at 93 versus 100 in the US. Living in Oakes offers an affordable lifestyle with plenty of opportunities for work and leisure activities.
Oakes has an unemployment rate of 3.2%. The US average is 6.0%.
Oakes has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Oakes
- The Sales Tax Rate for Oakes is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oakes 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 Oakes
- The average income of a Oakes resident is $26,284 a year. The US average is $28,555 a year.
- The Median household income of a Oakes resident is $65,441 a year. The US average is $69,021 a year.