Cost of Living in Watford City
Watford City's cost of living runs genuinely mixed: a real, disclosed low local property tax rate, alongside housing and rent costs running notably higher than every other North Dakota market this project has documented.
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Learn moreA genuinely low local property tax rate
Watford City's own cited effective property tax rate (~0.75%) runs below both national (~1.02%) and North Dakota statewide (~0.99%) comparison figures.
Elevated housing and rent costs, disclosed directly
Watford City's cited housing figures run close to or above the national median, and its median rent (~$1,372/month) runs notably higher than this project's other ND markets.
A genuinely high median household income
Watford City's median household income (~$102,260) runs well above both national and North Dakota statewide comparison figures -- helping offset these elevated costs for oil-sector workers specifically.
Key takeaways
- Watford City's local property tax rate runs genuinely low.
- Housing and rent costs run notably elevated relative to every other North Dakota market this project has documented.
- A genuinely high local median income helps offset these elevated costs for many residents.
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