Des Lacs, ND Economy


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Des Lacs, ND is a small city located in North Dakota. It is known for its peaceful atmosphere and small-town charm. The cost of living is quite reasonable; a two bedroom rental costs only $1,010 per month compared to the US average of $1,430. Additionally, the grocery cost index in Des Lacs is equal to the US average at 100. There are many local businesses in Des Lacs that contribute to its economy. Some of these include Allpro Automotive Services, The Cornerstone Coffee House, and Davis Construction LLC. Such businesses provide excellent services to the locals that live in this area.

Des Lacs has an unemployment rate of 6.0%. The US average is 6.0%.

Des Lacs has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.

Tax Rates for Des Lacs
- The Sales Tax Rate for Des Lacs is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Des Lacs 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 Des Lacs
- The average income of a Des Lacs resident is $31,244 a year. The US average is $28,555 a year.
- The Median household income of a Des Lacs resident is $73,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDes Lacs, North DakotaUnited States
  66
  -3.9%-6.2%
  11.1%33.5%
  5.5%6.2%
  2.0%4.6%
  $37,295$37,638
  $73,125$69,021
  $102,500$85,028
  Population by Occupation
  4.1%1.2%
  5.3%0.5%
  10.0%6.8%
  8.2%10.0%
  5.3%2.5%
  12.4%11.0%
  4.7%4.8%
  0.0%0.8%
  0.0%1.9%
  7.1%4.7%
  13.5%1.9%
  0.0%7.6%
  0.0%0.1%
  8.2%4.2%
  7.1%9.3%
  8.8%14.0%
  0.0%2.1%
  1.2%7.0%
  0.0%4.8%
  4.1%4.7%
Health
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