Sykeston, ND Economy


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United States / North Dakota / No Metro Area / Wells County / Sykeston / Zip Codes
Sykeston, ND is an attractive place to live with a much lower cost of living than the US average. Rent for a two bedroom apartment in Sykeston is around $750, which is considerably less than the US average of $1,430. The Grocery Cost Index in Sykeston is 95 versus 100 in the US, indicating that groceries are also relatively inexpensive. Local businesses include Valley Meats, a family-owned grocery store that has been serving Sykeston since 1916; Sykeston Auto Parts, a business offering parts and service for all makes and models of cars and trucks; and Devils Lake Floral Company, which offers high quality floral arrangements at affordable prices. With its low cost of living and wide variety of local businesses, Sykeston is an excellent place to call home.

Sykeston has an unemployment rate of 5.5%. The US average is 6.0%.

Sykeston has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.

Tax Rates for Sykeston
- The Sales Tax Rate for Sykeston is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Sykeston 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 Sykeston
- The average income of a Sykeston resident is $36,900 a year. The US average is $37,638 a year.
- The Median household income of a Sykeston resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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