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Economy in New Town, North Dakota

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

Economy
EconomyNew Town, NDUnited States
Unemployment Rate2.60%9.10%
Recent Job Growth34.83%-0.12%
Future Job Growth107.06%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.54%6.25%
Income per Cap.$18,433$27,067
Household Income$42,878$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.96%12.10%
Income between 15K and 25K9.94%10.18%
Income between 25K and 35K13.45%10.56%
Income between 35K and 50K18.52%14.98%
Income between 50K and 75K19.69%19.53%
Income between 75K and 100K11.50%12.52%
Income between 100K and 150K7.40%12.14%
Income between 150K and 250K1.56%3.91%
Income between 250K and 500K0.58%3.34%
Income greater than 500K0.39%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.76%13.81%
Professional and Related Occupations17.13%22.68%
Service17.48%14.51%
Sales and Office21.15%25.22%
Farming, Fishing, and Forestry0.35%0.68%
Construction, Extraction, and Maintenance9.44%9.37%
Production, Transportation, and Material Moving13.11%15.86%
Median Household Income

The unemployment rate in New Town, ND, is 2.60%, with job growth of 34.83%. Future job growth over the next ten years is predicted to be 107.06%.

New Town, ND Taxes

New Town, ND,sales tax rate is 5.00%. Income tax is 5.54%.

New Town, ND Income and Salaries

The income per capita is $18,433, which includes all adults and children. The median household income is $42,878.


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