Dows, ND is a small town with a population of less than 500 people. It is known for its strong sense of community and friendly atmosphere. The cost of living is relatively low compared to other parts of the country with an average two bedroom rent rate coming in at $870 per month versus the national average of $1,430. Additionally, the grocery cost index in Dows is 92 versus 100 in the US. Local companies include Lakewood Farms which produces organic fruits and vegetables as well as Small Town Bakery where you can find delicious baked goods and specialty coffee drinks. The people who live in Dows are hardworking and kind-hearted. They pride themselves on their close-knit community and strive to make it a great place to live for all members of society.
Dows has an unemployment rate of 3.8%. The US average is 6.0%.
Dows 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 Dows
- The Sales Tax Rate for Dows is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Dows 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 Dows
- The average income of a Dows resident is $48,067 a year. The US average is $28,555 a year.
- The Median household income of a Dows resident is $69,083 a year. The US average is $69,021 a year.