Conway, ND is a small town in North Dakota that provides affordable living with an average 2 Bedroom Rent of $1,020 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Conway is 93 versus 100 in the US. This makes it one of the most cost-effective areas to live in the region. The small town atmosphere also provides a community feel and a sense of security for its residents. Local businesses include Smiths Pharmacy, North Dakota Tractor and Trailer Sales, and Anderson's Hardware & Furniture Store. These businesses provide jobs and stability to Conway locals. There are many other benefits to living in this rural area as well including access to nature trails where people can hike or bike ride throughout the year and explore the great outdoors.
Conway has an unemployment rate of 5.8%. The US average is 6.0%.
Conway has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Conway
- The Sales Tax Rate for Conway is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Conway 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 Conway
- The average income of a Conway resident is $37,156 a year. The US average is $28,555 a year.
- The Median household income of a Conway resident is $41,875 a year. The US average is $69,021 a year.