Lakota, ND is a quiet residential town located in North Dakota. It offers a low cost of living with 2 bedroom rent averaging at $810 per month compared to the US average of $1,430. The Grocery Cost Index in Lakota is 94 versus the national average of 100. Local companies include Lakota Community Center, Fort Totten Farms, and Stutsman County Memorial Hospital. All these businesses offer great services to the local community while maintaining affordable prices and contributing to the quality of life there.
Lakota has an unemployment rate of 5.5%. The US average is 6.0%.
Lakota has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Lakota
- The Sales Tax Rate for Lakota is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lakota 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 Lakota
- The average income of a Lakota resident is $26,491 a year. The US average is $28,555 a year.
- The Median household income of a Lakota resident is $59,861 a year. The US average is $69,021 a year.