Knife River, ND is a small town nestled in the hills of North Dakota. With its abundance of local businesses, small-town charm, and affordable cost of living, Knife River is an ideal place to settle down and start a family. The average 2 bedroom rental here is just $810 per month, much lower than the national average of $1,430. There are plenty of local companies that make their home in Knife River such as Bear Creek General Store, Anderson's Garage, and Shana's Quilt Shop. With so many great amenities and friendly people there’s no wonder why Knife River is a popular destination for those seeking an affordable place to live.
Knife River has an unemployment rate of 4.6%. The US average is 6.0%.
Knife River has seen the job market decrease by -10.9% over the last year. Future job growth over the next ten years is predicted to be 0.5%, which is lower than the US average of 33.5%.
Tax Rates for Knife River
- The Sales Tax Rate for Knife River is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Knife River 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 Knife River
- The average income of a Knife River resident is $67,224 a year. The US average is $37,638 a year.
- The Median household income of a Knife River resident is $90,896 a year. The US average is $69,021 a year.