Fertile Valley, ND is a quaint town located in the heart of the Midwest. The cost of living in this small town is very affordable as evidenced by the 2 bedroom rent of $1,070 which is significantly lower than the US average ($1,430). In addition to housing costs, grocery costs are also less expensive with an index score of 97 compared to 100 for the US overall.
The local companies that make up Fertile Valley include Doherty Enterprises, a family-owned construction company; Harris Farms, a sustainable farm dedicated to organic produce; and Chenco Electronics, a retail chain specializing in electronic appliances. With such affordable living costs combined with great local businesses and attractions Fertile Valley makes for an ideal place to live and work.
Fertile Valley has an unemployment rate of 2.9%. The US average is 6.0%.
Fertile Valley has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Fertile Valley
- The Sales Tax Rate for Fertile Valley is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Fertile Valley 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 Fertile Valley
- The average income of a Fertile Valley resident is $19,236 a year. The US average is $28,555 a year.
- The Median household income of a Fertile Valley resident is $185,446 a year. The US average is $69,021 a year.