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Butte Valley, ND Economy
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United States
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North Dakota
/ No Metro Area /
Benson County
/ Butte Valley /
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Butte Valley, ND is a small town with a population of just over 5000 people. Despite its size it offers access to plenty of amenities. Rent for a two bedroom apartment in Butte Valley is significantly lower than the national average, at $760 per month compared to the US average of $1,430. Grocery costs are also more affordable, with Butte Valley's index rating at 93 compared to 100 for the US as a whole. In addition to this, there are many local businesses that serve the community including grocery stores, restaurants, and cafes. There are also many service based companies like auto repair shops and banks that can help locals meet their everyday needs. However, due to the low wages in the area and high cost of living there is still a significant poverty rate in Butte Valley and those living below the poverty line make up around 18% of the population.
Income by Population Percent
Economy
Butte Valley, North Dakota
United States
Unemployment Rate
6.5
6
Recent Job Growth
-1.6%
-6.2%
Future Job Growth
5.5%
33.5%
Sales Taxes
5.0%
6.2%
Income Tax
2.0%
4.6%
Income per Cap.
$41,554
$37,638
Household Income
69021
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