Hannaford, ND is a small town with a population of just over 1000 people. It is located in the US's midwest region and has a wide variety of businesses for its size. Residents can find nearly all their needs in Hannaford, from grocery stores to clothing outlets. Rent prices are also quite affordable compared to the US average; a two bedroom apartment can be rented for as little as $830 per month, which is significantly less than the national average of $1,430. The Grocery Cost Index in Hannaford is also lower than the US Average at 91 versus 100. Some popular local companies include TJ Maxx, Walmart Supercenter, or Hannaford Remodeling & Home Repair.
Hannaford has an unemployment rate of 3.5%. The US average is 6.0%.
Hannaford has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Hannaford
- The Sales Tax Rate for Hannaford is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hannaford 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 Hannaford
- The average income of a Hannaford resident is $35,838 a year. The US average is $28,555 a year.
- The Median household income of a Hannaford resident is $35,625 a year. The US average is $69,021 a year.