Hesper, ND is a small rural town located in the northwest region of North Dakota. The town has a population of just under 500 people. Despite its size, Hesper offers a variety of amenities to its citizens. The main industries that drive the local economy are agriculture, oil, mining and retail. Despite being a small town, rental costs in Hesper are quite low with 2 bedroom apartments renting for only $820 on average while rent prices nationally average around $1,430 for the same apartment size. Grocery costs in Hesper are also cheaper than the national average with an index score of 93 compared to 100 nationally. For those looking to live outside of big cities while still enjoying modern amenities and low living costs, Hesper is an ideal place to call home.
Hesper has an unemployment rate of 6.5%. The US average is 6.0%.
Hesper has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 5.5%, which is lower than the US average of 33.5%.
Tax Rates for Hesper
- The Sales Tax Rate for Hesper is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hesper 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 Hesper
- The average income of a Hesper resident is $77,482 a year. The US average is $28,555 a year.
- The Median household income of a Hesper resident is $76,964 a year. The US average is $69,021 a year.