Powers, ND Economy


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Powers, ND is a small rural town located in the United States. This tight-knit community offers a variety of businesses and attractions for its residents and visitors. Local companies include Power’s Ranch Supply, Inc., D & M Carrier Services, and Powers Construction. The housing market offers affordable 2-bedroom rentals starting at $910 compared to the U.S average of $1,430. Residents benefit from lower grocery costs with an index of 99 versus 100 in the U.S. The town also features a few local eateries like Pizza Corner and the Country Cookin Café, as well as stores like Faber's Market & Hardware. The community also provides plenty of recreational activities including sports fields and parks with playground equipment, plus outdoor trails for hiking or biking. Public transportation is limited but there are taxi services available nearby providing locals with convenient access to larger cities nearby such as Dickinson or Bismarck. All in all, Powers offers a quiet life that can be enjoyed by both families and individuals seeking an affordable place to call home with plenty of amenities to keep them entertained.

Powers has an unemployment rate of 4.6%. The US average is 6.0%.

Powers has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 3.7%, which is lower than the US average of 33.5%.

Tax Rates for Powers
- The Sales Tax Rate for Powers is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Powers 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 Powers
- The average income of a Powers resident is $34,486 a year. The US average is $28,555 a year.
- The Median household income of a Powers resident is $106,146 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPowers, North DakotaUnited States
  4.66
  -10.9%-6.2%
  3.7%33.5%
  5.0%6.2%
  2.0%4.6%
  $44,698$37,638
  $106,146$69,021
  $106,250$85,028
  Population by Occupation
  21.4%1.2%
  14.3%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  14.3%11.0%
  0.0%4.8%
  0.0%0.8%
  14.3%1.9%
  21.4%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  14.3%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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