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Economy in Munich, North Dakota

Overview, People, Health, Economy, Housing, Rankings, Climate
Crime, Comments, Transportation, Cost of Living, Religion, Voting

EconomyMunich, NDUnited States
Unemployment Rate2.70%8.60%
Recent Job Growth-3.60%0.35%
Future Job Growth30.10%32.10%
Sales Taxes6.00%5.00%
Income Taxes1.84%4.70%
Income per Cap.$23,387$26,154
Household Income$42,401$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K18.57%12.37%
Income between 15K and 25K11.43%10.53%
Income between 25K and 35K12.86%10.88%
Income between 35K and 50K17.14%15.37%
Income between 50K and 75K21.43%20.14%
Income between 75K and 100K11.43%12.41%
Income between 100K and 150K4.29%11.27%
Income between 150K and 250K2.86%5.01%
Income between 250K and 500K0.00%1.86%
Income greater than 500K0.00%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations29.51%14.04%
Professional and Related Occupations13.11%20.61%
Service16.39%14.45%
Sales and Office18.03%26.75%
Farming, Fishing, and Forestry3.28%0.70%
Construction, Extraction, and Maintenance8.20%9.42%
Production, Transportation, and Material Moving14.75%14.05%


Median Household Income

The unemployment rate in Munich, ND, is 2.70%, with job growth of -3.60%. Future job growth over the next ten years is predicted to be 30.10%.

Munich, ND Taxes

Munich, ND,sales tax rate is 6.00%. Income tax is 1.84%.

Munich, ND Income and Salaries

The income per capita is $23,387, which includes all adults and children. The median household income is $42,401.


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