Forward, ND is a small city located in North Dakota. It is home to a variety of local companies, such as Forward Family Farms, Bank of Forward, and the Forward Community Center. The cost of living in Forward is relatively low compared to other cities in the U.S., with average 2 bedroom rent at $820 versus $1,430 nationally. Grocery costs are also lower than average at 94 versus 100 in the U.S., making everyday items more affordable for local residents. Overall, Forward is an affordable place to live and work.
Forward has an unemployment rate of 5.5%. The US average is 6.0%.
Forward has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.
Tax Rates for Forward
- The Sales Tax Rate for Forward is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Forward 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 Forward
- The average income of a Forward resident is $41,596 a year. The US average is $28,555 a year.
- The Median household income of a Forward resident is $132,898 a year. The US average is $69,021 a year.