Barney, ND is a small town located in North Dakota. The town has a population of just over 500 people and is known for its friendly atmosphere and close-knit community. The average rent for a 2 bedroom apartment is $840, significantly lower than the national average of $1,430. Grocery costs are also lower in Barney with an index of 97 compared to 100 nationally. This makes it an affordable option to consider when looking to relocate.
The local economy of Barney consists mainly of small businesses such as McHenry Motors, which sells cars and repairs vehicles; Peterson Hardware, which provides supplies for home improvement projects; and LaVista’s Bakery, which sells freshly baked goods. There are also several restaurants providing great meals at reasonable prices. In addition, there are farmers markets that offer fresh produce from local growers. With its low cost of living and welcoming atmosphere, Barney is an ideal place to live or visit for a peaceful getaway.
Barney has an unemployment rate of 3.5%. The US average is 6.0%.
Barney has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Barney
- The Sales Tax Rate for Barney is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Barney 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 Barney
- The average income of a Barney resident is $26,013 a year. The US average is $28,555 a year.
- The Median household income of a Barney resident is $48,750 a year. The US average is $69,021 a year.