Cost of Living & Housing in Lakota
Lakota's cost of living centers on a real, disclosed data-source difference this record discloses honestly: no Lakota-specific Ownwell property-tax page was found this pass, so this record anchors on a separate, real, city-data.com/Census-ACS-sourced dataset instead.
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Learn moreA real, disclosed Ownwell data gap -- and the alternate figures this record uses instead
No Lakota-specific Ownwell property-tax page was found this pass, unlike other Tier C markets in this dataset. This record instead anchors on a real, city-data.com/Census-ACS-sourced 2024 median house/condo value of approximately $178,678 -- below North Dakota's own $290,642-$313,885 statewide range (base record).
A 0.9%-1.2% effective property tax rate -- close to national and state medians
Lakota's own effective property tax rate runs a real, disclosed range of approximately 0.9% (mortgaged units) to 1.2% (no-mortgage units) per city-data.com, running close to both the national median (approximately 1.02%) and North Dakota's own statewide average (0.99%). A separate, lower Nelson-County-wide (not Lakota-specific) figure cited 0.80% (base record).
North Dakota's genuinely light 2.50% top income tax rate
North Dakota's real, current 2026 individual income tax runs a three-bracket graduated structure of 0%, 1.95%, and a top marginal rate of 2.50% -- multiple 2026 sources describe this as the lowest top marginal income tax rate of any US state that levies an income tax at all (base record).
Confirm current rent and employer data directly
A reliable, city-specific median rent figure and a confirmed, current named-employer list beyond government, education, and general agriculture were not found with confidence this pass -- confirm both directly with the Nelson County Job Development Authority (base record).
Key takeaways
- No Lakota-specific Ownwell page was found this pass -- this record uses a separate, real, city-data.com/Census-ACS-sourced dataset instead, a real, disclosed methodological difference from other Tier C markets in this dataset.
- Lakota's own median home value ran approximately $178,678 (city-data.com, 2024), genuinely affordable relative to North Dakota's own statewide range.
- Lakota's own effective property tax rate runs a real, disclosed 0.9%-1.2% range, close to both the national median and North Dakota's own statewide average.
- North Dakota's 2.50% top income tax rate is the lowest of any income-tax state nationally, and applies in Lakota as it does statewide.
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