Grand Forks AFB, ND is a small but thriving community located in the United States. The monthly 2 bedroom rent rate in Grand Forks AFB is $1,320 while the US rate is $1,430. This indicates that Grand Forks AFB offers an affordable housing option compared to other parts of the country. Additionally, the Grocery Cost Index in Grand Forks AFB is 98 versus 100 in the US demonstrating that this town provides relatively lower grocery expenses.
Grand Forks AFB, ND is home to many local businesses including the local newspaper Grand Forks Herald, Frontier Construction Co. Inc., and North Valley Electric Co-op. These companies serve as pillars of economic stability in the region and are committed to creating jobs and providing services to their neighbors.
Overall, living in Grand Forks AFB can offer an affordable lifestyle with a lower cost of living than other comparable towns. With many local companies operating within the area residents can access various services and enjoy a quality life within their budget.
Grand Forks AFB has an unemployment rate of 4.0%. The US average is 6.0%.
Grand Forks AFB 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 Grand Forks AFB
- The Sales Tax Rate for Grand Forks AFB is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Forks AFB 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 Grand Forks AFB
- The average income of a Grand Forks AFB resident is $17,472 a year. The US average is $28,555 a year.
- The Median household income of a Grand Forks AFB resident is $66,027 a year. The US average is $69,021 a year.