Bismarck, MN is an ideal city for people looking to live in a place that is both modern and affordable. The average rent for a two bedroom apartment in Bismarck is $950 which is significantly lower than the national average of $1,430. Grocery costs are also significantly lower with an index rating of 95 compared to the national rating of 100.
The city offers many opportunities for employment with large companies such as MDU Resources Group, Basin Electric Power Cooperative, Sanford Health and Starion Bank all located in the Bismarck area. For those looking for entertainment, there are plenty of attractions such as the North Dakota Heritage Center and State Museum, Fort Abraham Lincoln State Park and Icelandic State Park. Bismarck has something for everyone!
Bismarck has an unemployment rate of 5.3%. The US average is 6.0%.
Bismarck has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Bismarck
- The Sales Tax Rate for Bismarck is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bismarck is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bismarck
- The average income of a Bismarck resident is $26,041 a year. The US average is $28,555 a year.
- The Median household income of a Bismarck resident is $69,844 a year. The US average is $69,021 a year.