Falconer, ND is a small town located in Chautauqua County. It is a great place to live for those who are looking to be close to nature and take advantage of the many outdoor activities available. The cost of living in Falconer is quite low compared to other parts of the country; for example, the average two bedroom rental rate is $890 compared to the US rate of $1,430. Grocery costs are also relatively low with an index score of 98 compared to 100 in the US.
Some local companies that call Falconer home include the Falconer Manufacturing Company, an innovative maker of components for products like snow blowers, lawn mowers and utility trailers; and Gustafson Machine Shop & Tooling Inc., one of the region's leading manufacturers of precision machined parts and components. Additionally, there are many family-owned businesses that offer services such as general contracting and farming equipment sales.
Overall, Falconer provides its residents with an excellent quality of life at an affordable cost. With its low rent prices and grocery costs combined with plenty of job opportunities from local companies, it's easy to see why so many people choose to call this small town home.
Falconer has an unemployment rate of 4.0%. The US average is 6.0%.
Falconer 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 Falconer
- The Sales Tax Rate for Falconer is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Falconer 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 Falconer
- The average income of a Falconer resident is $32,507 a year. The US average is $28,555 a year.
- The Median household income of a Falconer resident is $63,333 a year. The US average is $69,021 a year.