Eldon, ND is a small town located in North Dakota, home to a few local businesses. Rent for a two bedroom apartment is much lower than the US average at $830 per month. Grocery costs are also below average with a Grocery Cost Index of 93 compared to the US average of 100. Living in Eldon can be quite affordable for anyone looking for an inexpensive place to call home. Local businesses include the Eldon Lumber Company, Eldon Electric LLC, and The Farm Store. With rent and groceries both being significantly lower than the national averages, Eldon is one of the most affordable places to live in North Dakota.
Eldon has an unemployment rate of 6.5%. The US average is 6.0%.
Eldon has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 5.5%, which is lower than the US average of 33.5%.
Tax Rates for Eldon
- The Sales Tax Rate for Eldon is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Eldon 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 Eldon
- The average income of a Eldon resident is $41,212 a year. The US average is $28,555 a year.
- The Median household income of a Eldon resident is $87,917 a year. The US average is $69,021 a year.