Albert, ND is a small town located in the northern part of the state. Despite having a small population, Albert is home to a number of local businesses such as Brown's Automotive Center, Albert Bait and Tackle, and Hilltop Country Store. When it comes to living expenses, Albert offers lower rent than the US with a 2 bedroom averaging $830 versus $1430 in the US. Grocery prices are also much lower with an index of 94 compared to 100 in the US. Therefore Albert provides more affordable living accommodations for its residents.
Albert has an unemployment rate of 6.5%. The US average is 6.0%.
Albert has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 5.5%, which is lower than the US average of 33.5%.
Tax Rates for Albert
- The Sales Tax Rate for Albert is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Albert is 2.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Albert
- The average income of a Albert resident is $19,263 a year. The US average is $28,555 a year.
- The Median household income of a Albert resident is $64,167 a year. The US average is $69,021 a year.