Isabel, ND is a small town located in North Dakota with a population of slightly over 260 people. Although Isabel may have a small population, it has many great local businesses that make life there enjoyable. Some examples include Isabel Café, Isabel Hardware Store and Grocery, and Paradise Point Resort. Residents in Isabel appreciate the small-town lifestyle and enjoy the close-knit community feeling.
The cost of living in Isabel is notably lower than in other parts of the US. For example, rent for two bedroom homes in Isabel is only $720 monthly compared to the national average of $1,430 per month. Additionally, the grocery cost index in Isabel is 93 while it's 100 throughout the rest of the country. This means that everyday items like food are more affordable in Isabel than they are elsewhere. All these factors contribute to why the cost of living in Isabel is much lower than what one would usually find across America.
Isabel has an unemployment rate of 6.5%. The US average is 6.0%.
Isabel 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 Isabel
- The Sales Tax Rate for Isabel is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Isabel 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 Isabel
- The average income of a Isabel resident is $21,522 a year. The US average is $28,555 a year.
- The Median household income of a Isabel resident is $66,250 a year. The US average is $69,021 a year.