Nekoma, ND is a small town located off of Highway 32 in North Dakota. It has a population of only about 600 people, making it one of the smaller towns in the state. Despite its small size, Nekoma offers all of the necessary amenities to those who live there such as schools, shopping centers, and local businesses. In terms of cost of living, Nekoma is relatively affordable compared to other towns in North Dakota. For example, 2 bedroom rent here is $730 per month on average while it is $1,430 per month on average in the United States. Additionally, Grocery Cost Index in Nekoma is 90 versus 100 in the US - indicating that groceries are slightly more expensive than the national average. The local businesses that can be found in Nekoma are Nekoma Auto Parts and Repair Shop; Crockett's Hardware Store; Smith's Grocery Store; and The Coffee Exchange Cafe & Bakery. Overall, those looking for a slower-paced lifestyle may enjoy what Nekoma has to offer with its lower than average rent prices and small-town charm
Nekoma has an unemployment rate of 3.9%. The US average is 6.0%.
Nekoma has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Nekoma
- The Sales Tax Rate for Nekoma is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Nekoma 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 Nekoma
- The average income of a Nekoma resident is $39,132 a year. The US average is $28,555 a year.
- The Median household income of a Nekoma resident is $103,750 a year. The US average is $69,021 a year.