Meadow Lake, ND is a small city in the United States. It is known for its affordable cost of living, with rent being significantly lower than the national average. For example, 2 bedroom rents are $820 compared to the US average of $1,430. Grocery costs are also notably lower, with the grocery cost index at 94 compared to 100 in the US. The city is home to several local companies including Meadow Lake Tire Service, Meadow Lake Auto Repair and Adkins Plumbing & Heating. There are also plenty of restaurants and cafes such as Nellie's Cafe and La Fonda Mexican Restaurant that make Meadow Lake an attractive place to live and work.
Meadow Lake has an unemployment rate of 3.7%. The US average is 6.0%.
Meadow Lake 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 12.5%, which is lower than the US average of 33.5%.
Tax Rates for Meadow Lake
- The Sales Tax Rate for Meadow Lake is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Meadow Lake 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 Meadow Lake
- The average income of a Meadow Lake resident is $53,741 a year. The US average is $37,638 a year.
- The Median household income of a Meadow Lake resident is $0 a year. The US average is $69,021 a year.