Sikes, ND Economy


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Sikes, ND is a small town located in the Upper Midwest region of the United States. It has a population of around 800 people, making it a great place for those looking to live in a quiet area with a low cost of living. The rent for two-bedroom apartments in Sikes is much lower than the US average—only $850 compared to $1,430—providing potential renters with an affordable option for housing. Additionally, the grocery cost index in Sikes is equal to that of the US index—100 versus 100—so food costs are also relatively low.
The town has several local companies which provide residents with goods and services. These include Big D’s Market & Deli which provides groceries and snacks, Tioga Community Cafe which serves breakfast and lunch items, and Red Road Motors which offers automotive repair services. With its low cost of living and selection of local businesses, Sikes is an ideal place for those looking for an affordable lifestyle away from large cities.

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

Sikes has seen the job market decrease by -10.9% over the last year. Future job growth over the next ten years is predicted to be 2.4%, which is lower than the US average of 33.5%.

Tax Rates for Sikes
- The Sales Tax Rate for Sikes is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Sikes 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 Sikes
- The average income of a Sikes resident is $83,235 a year. The US average is $37,638 a year.
- The Median household income of a Sikes resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySikes, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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