Haram, ND Economy


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Haram, ND is a small rural town with a population of just over 1,000 residents. Despite its size, it offers many amenities such as affordable rent and cost of living. The average two bedroom rent in Haram is $810 compared to the US average of $1,430. Grocery costs are also more affordable in Haram with an index of 93 versus 100 in the US. Local companies in Haram include Farmer's Choice Foods, Norsk Hardware Store, and Haram Livestock Auction. These businesses cater to the needs of the community and provide a wide variety of products for residents.

Haram has an unemployment rate of 7.5%. The US average is 6.0%.

Haram has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Haram
- The Sales Tax Rate for Haram is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Haram 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 Haram
- The average income of a Haram resident is $52,122 a year. The US average is $28,555 a year.
- The Median household income of a Haram resident is $112,700 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHaram, North DakotaUnited States
  7.56
  -2.4%-6.2%
  12.7%33.5%
  5.0%6.2%
  2.0%4.6%
  $32,403$37,638
  $112,700$69,021
Family Median Income 85028
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