Makoti, ND is a small town located in North Dakota. The town has a population of around 700 people and is home to a variety of local businesses such as Precision Auto Repair, Tractor Supply, the Blackbird Bar & Grill, and Valley Grocery. Rent prices are relatively affordable, with the average two-bedroom costing $980 compared to the national average of $1,430. Additionally, the grocery cost index in Makoti is 97 versus 100 in the US. This means that groceries here are slightly more affordable than elsewhere. Makoti has much to offer its residents and is a great place to call home.
Makoti has an unemployment rate of 6.0%. The US average is 6.0%.
Makoti 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 Makoti
- The Sales Tax Rate for Makoti is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Makoti 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 Makoti
- The average income of a Makoti resident is $19,338 a year. The US average is $28,555 a year.
- The Median household income of a Makoti resident is $58,250 a year. The US average is $69,021 a year.