58474 Oakes, ND is a small town with an approximate population of 2,284. It's located in Dickey County and has a low cost of living below the US average. The rental costs for two bedroom homes in Oakes is $810 which is much lower than the US average of $1,430. In addition to this, the grocery cost index for Oakes is 93% versus 100% in the US. This makes it more affordable to purchase essentials. There are some local businesses in Oakes such as First State Bank & Trust Co., K&K Repair & Welding Inc., Speed-N-Kleen Car Wash and Countryside Veterinary Clinic. All are essential services that offer locals quality products and services at reasonable prices.
Oakes (zip 58474) has an unemployment rate of 3.2%. The US average is 6.0%.
Oakes (zip 58474) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Oakes (zip 58474)
- The Sales Tax Rate for Oakes (zip 58474) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Oakes (zip 58474) 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 Oakes (zip 58474)
- The average income of a Oakes (zip 58474) resident is $33,678 a year. The US average is $37,638 a year.
- The Median household income of a Oakes (zip 58474) resident is $67,159 a year. The US average is $69,021 a year.