Gascoyne, ND Economy


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United States / North Dakota / No Metro Area / Bowman County / Gascoyne / Zip Codes
Gascoyne, ND is a small town located in northern North Dakota. It has a small population, but offers plenty of amenities for residents. One of the most appealing features of living in Gascoyne is the affordable rent costs. The cost for a two bedroom apartment is only $820 per month, much lower than the US average of $1,430. Local businesses in Gascoyne include gas stations, grocery stores and hardware stores. Prices at these places are also lower than the national average due to the Grocery Cost Index (GCI). The GCI measures the relative cost of goods and services in different areas across America and currently Gascoyne's score is 95 compared to the US score of 100. These factors make Gascoyne an appealing place for those looking to save money on basic essentials.

Gascoyne has an unemployment rate of 2.9%. The US average is 6.0%.

Gascoyne has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.

Tax Rates for Gascoyne
- The Sales Tax Rate for Gascoyne is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Gascoyne 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 Gascoyne
- The average income of a Gascoyne resident is $30,544 a year. The US average is $28,555 a year.
- The Median household income of a Gascoyne resident is $78,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGascoyne, North DakotaUnited States
  2.96
  -6.2%-6.2%
  2.6%33.5%
  6.0%6.2%
  2.0%4.6%
  $22,347$37,638
  $78,750$69,021
  $102,500$85,028
  Population by Occupation
  0.0%1.2%
  20.0%0.5%
  0.0%6.8%
  10.0%10.0%
  0.0%2.5%
  0.0%11.0%
  30.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  20.0%14.0%
  20.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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