Edmunds, ND Economy


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Edmunds, ND is a small town located in North Dakota. It is home to a few local businesses and offers affordable housing and cost of living. The average rent for a two bedroom apartment in Edmunds is $850 per month, which is significantly lower than the US average of $1,430. Groceries also tend to be cheaper in Edmunds with a Grocery Cost Index of 94 compared to the national average of 100. Some popular local businesses include Burger King, Walmart, Northwest Bank, and Dollar General. Edmunds is an ideal location for those looking for affordable housing options and a laid back lifestyle.

Edmunds has an unemployment rate of 4.0%. The US average is 6.0%.

Edmunds has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Edmunds
- The Sales Tax Rate for Edmunds is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Edmunds 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 Edmunds
- The average income of a Edmunds resident is $21,736 a year. The US average is $28,555 a year.
- The Median household income of a Edmunds resident is $236,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdmunds, North DakotaUnited States
  46
  -0.3%-6.2%
  29.9%33.5%
  5.0%6.2%
  2.0%4.6%
  $44,892$37,638
  $236,042$69,021
Family Median Income 85028
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