Hegton, ND Economy


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Hegton, ND is a great city for those looking to settle down. Rent in Hegton for a two bedroom apartment is $810 which is much lower than the US average of $1,430. The grocery cost index in Hegton is 98 versus the US average of 100, so food prices are also lower than the national average.
The city offers many local businesses for residents to enjoy such as Pete's Pizza Parlor, Dave's Delights ice cream shop, and Bartlett's Bookstore. Pete's Pizza Parlor has been dishing out delicious pizzas since 1982 and prides itself on its made-from-scratch dough and homemade sauces. Dave’s Delights has been serving up frozen treats for over 20 years, with a wide variety of flavors to choose from like strawberry, vanilla, and even blueberry cheesecake! Bartlett’s Bookstore has been providing books and other reading materials to the community since 1990 with an extensive selection of new and used books that can be found at any skill level or interest.

Hegton has an unemployment rate of 4.0%. The US average is 6.0%.

Hegton 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 Hegton
- The Sales Tax Rate for Hegton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hegton 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 Hegton
- The average income of a Hegton resident is $27,651 a year. The US average is $28,555 a year.
- The Median household income of a Hegton resident is $138,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHegton, North DakotaUnited States
  46
  -4.7%-6.2%
  33.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $60,545$37,638
  $138,958$69,021
Family Median Income 85028
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