Eldorado, ND Economy


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United States / North Dakota / No Metro Area / Traill County / Eldorado / Zip Codes
Eldorado, ND is an affordable and charming city located in the Midwest. It is ideal for those looking to live comfortably without breaking the bank. 2 bedroom rent in Eldorado is $930, which is much lower than the US average of $1,430. Additionally, there is a grocery cost index of 97 in Eldorado compared to 100 nationally. A few notable companies operating in Eldorado include First International Bank & Trust, KZTR Radio Station, and Agri-Systems Inc., among many others. With its low cost of living and diverse business offerings, Eldorado is a great place to live and work!

Eldorado has an unemployment rate of 3.4%. The US average is 6.0%.

Eldorado has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Eldorado
- The Sales Tax Rate for Eldorado is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Eldorado 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 Eldorado
- The average income of a Eldorado resident is $37,033 a year. The US average is $28,555 a year.
- The Median household income of a Eldorado resident is $116,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEldorado, North DakotaUnited States
  3.46
  -0.1%-6.2%
  33.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $46,860$37,638
  $116,250$69,021
  $121,750$85,028
  Population by Occupation
  29.2%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  16.7%7.6%
  0.0%0.1%
  0.0%4.2%
  20.8%9.3%
  33.3%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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