Douglas, ND is a small city located in the Midwest. It is known for its affordability and low cost of living. The average rent for a two-bedroom apartment in Douglas is $740, which is much lower than the US average of $1,430. In addition, Douglas’s Grocery Cost Index is 104 versus 100 in the US. This means that grocery items are slightly more expensive in Douglas than the national average. Some notable local companies include Maxfield's Oil & Gas Company, United Grain Corporation, and Prairie Rose Industries Inc. These businesses provide jobs and economic stability to the area.
Douglas has an unemployment rate of 6.0%. The US average is 6.0%.
Douglas has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Douglas
- The Sales Tax Rate for Douglas is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Douglas 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 Douglas
- The average income of a Douglas resident is $21,911 a year. The US average is $28,555 a year.
- The Median household income of a Douglas resident is $96,250 a year. The US average is $69,021 a year.