Spiritwood Lake, ND is a small town located in Mountrail County with a population of around 434 people. It's known for its beautiful lake and many outdoor activities such as fishing, swimming, and camping. The cost of living here is considerably lower than the national average. Rent for a two-bedroom apartment averages at about $480 per month whereas the U.S. monthly rent averages at $1,430. Additionally, the Grocery Cost Index in Spiritwood Lake is 97 compared to 100 in the U.S., making groceries more affordable as well. As far as employment opportunities go, there are several local businesses in Spiritwood Lake such as Spiritwood Ag Center, H & L Motors Inc., Richland Station Bar & Grill, Saint Anthony School Sisters Convent Store, and Harmon Pallet & Recycling Co. If you're looking for an affordable place to call home with plenty of outdoor activities to enjoy then consider checking out Spiritwood Lake!
Spiritwood Lake has an unemployment rate of 4.0%. The US average is 6.0%.
Spiritwood Lake has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Spiritwood Lake
- The Sales Tax Rate for Spiritwood Lake is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Spiritwood Lake 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 Spiritwood Lake
- The average income of a Spiritwood Lake resident is $28,528 a year. The US average is $28,555 a year.
- The Median household income of a Spiritwood Lake resident is $174,000 a year. The US average is $69,021 a year.