Sago, MN is a small city located in North Dakota with a population of approximately 4,000 people. It is known for its low cost of living and great amenities. Some local companies include Sago Grocery Store, Sago Bank & Trust, and Sago Medical Center. Rent for two-bedroom apartments in Sago is $990 on average, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Sago stands at 95 versus 100 nationally. All this combined makes Sago an ideal place to live as it offers a high quality of life at an affordable price.
Sago has an unemployment rate of 6.2%. The US average is 6.0%.
Sago has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Sago
- The Sales Tax Rate for Sago is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sago is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Sago
- The average income of a Sago resident is $27,626 a year. The US average is $28,555 a year.
- The Median household income of a Sago resident is $50,313 a year. The US average is $69,021 a year.