Grace City, ND is an ideal place to live and work. Not only is it much cheaper to rent a two-bedroom apartment at $840 compared to the US average of $1,430, it also has a lower-than-average grocery cost index of 93 compared to the national average of 100. The city boasts many local businesses, such as Grace City Grocery Store, Joe's Pizzeria, The Mallard Café, and Grace City Hardware Store. These companies offer quality service and products that help make Grace City a desirable place to live and work.
Grace City has an unemployment rate of 3.1%. The US average is 6.0%.
Grace City has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.
Tax Rates for Grace City
- The Sales Tax Rate for Grace City is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Grace City 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 Grace City
- The average income of a Grace City resident is $24,203 a year. The US average is $28,555 a year.
- The Median household income of a Grace City resident is $44,250 a year. The US average is $69,021 a year.