Denhoff CDP, ND is a small rural community located in McIntosh County. It consists of a population of around 200 people. Despite its size, Denhoff offers a wide range of amenities and services to its residents. From groceries to rent and other basic necessities, the cost of living in Denhoff is much lower than the national average. For example, 2-bedroom rent is only $860 compared to the US average for two bedrooms which stands at $1,430. Additionally, the Grocery Cost Index in Denhoff CDP, ND is 93 compared to 100 in the national US average. This makes it a great place for families or individuals looking for affordable living conditions. The local companies in Denhoff include Nelson’s Grocery Store, Hank’s Hardware Store, Valley Ag Landscaping & Garden Supplies and North Star Farm Equipment & Supplies. Each business caters to different needs within the community and provides residents with quality products and service at competitive prices.
Denhoff has an unemployment rate of 7.3%. The US average is 6.0%.
Denhoff has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Denhoff
- The Sales Tax Rate for Denhoff is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Denhoff 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 Denhoff
- The average income of a Denhoff resident is $39,485 a year. The US average is $37,638 a year.
- The Median household income of a Denhoff resident is $61,250 a year. The US average is $69,021 a year.