Davenport, ND is a great place to live if you're looking for affordability. The average 2 bedroom rent in Davenport is $840, which is much less than the national average of $1,430. Additionally, the Grocery Cost Index in Davenport is 98 versus 100 in the US; making groceries cheaper too. There are plenty of local businesses that call Davenport home including Prairie Hills Mall, First National Bank & Trust Co., and Community Thrift Store. All three have been part of the Davenport landscape for many years and offer quality services and products that make living in Davenport even better.
Davenport has an unemployment rate of 3.8%. The US average is 6.0%.
Davenport has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Davenport
- The Sales Tax Rate for Davenport is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Davenport 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 Davenport
- The average income of a Davenport resident is $25,633 a year. The US average is $28,555 a year.
- The Median household income of a Davenport resident is $82,083 a year. The US average is $69,021 a year.