Howes, ND is an excellent location for those looking for a more affordable lifestyle. The city offers low rental prices for two-bedroom apartments at just $900 compared to the US average of $1,430. Groceries also come at a much lower cost with the Grocery Cost Index being 97 versus 100 in the US. This makes Howes an ideal place to live on a budget. Local companies like Farmers State Bank, Mayville-Portland Fire Department, and Howes Meat Processing provide employment opportunities in the area and contribute to making Howes a great place to call home. Overall, residents can enjoy a good quality of life with its low cost of living.
Howes has an unemployment rate of 3.8%. The US average is 6.0%.
Howes has seen the job market decrease by -1.5% 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 Howes
- The Sales Tax Rate for Howes is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Howes 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 Howes
- The average income of a Howes resident is $32,074 a year. The US average is $37,638 a year.
- The Median household income of a Howes resident is $0 a year. The US average is $69,021 a year.