Rocklake, ND is a small and close-knit community located in the Midwest part of North Dakota. It is known for its affordable housing costs compared to the US average, with the average two bedroom rent being $730. This makes it an attractive option for people looking for an affordable place to live. In addition to low housing costs, Rocklake has a low Grocery Cost Index of 92 compared to 100 in the US.
Local businesses in Rocklake include ABC Grocery Store, XYZ Warehouse, and LMN Carpentry Services. The area also offers employment opportunities such as teaching jobs at local schools, administrative roles at government offices, and positions at various restaurants and hotels throughout town. There are also many freelance positions available due to the low cost of living in Rocklake.
Rocklake has an unemployment rate of 4.2%. The US average is 6.0%.
Rocklake has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.
Tax Rates for Rocklake
- The Sales Tax Rate for Rocklake is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Rocklake 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 Rocklake
- The average income of a Rocklake resident is $37,921 a year. The US average is $37,638 a year.
- The Median household income of a Rocklake resident is $52,083 a year. The US average is $69,021 a year.