Larimore, ND is a small town with plenty to offer for those looking to live in the area. It's an affordable place to live, with two bedroom rent being around $800 compared to the US average of $1,430. The cost index for groceries is also lower than the national average, making it more budget friendly. The community also has a variety of businesses and amenities such as Larimore Pharmacy, Happyland Hardware Store, Walmart Supercenter, and Corner Cafe. These establishments provide residents of Larimore with access to everyday needs and services. In addition, Larimore offers beautiful parks and green spaces like Gardar Park and Jansen Memorial Park which are perfect for days outside with friends or family.
Larimore has an unemployment rate of 4.0%. The US average is 6.0%.
Larimore 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 Larimore
- The Sales Tax Rate for Larimore is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Larimore 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 Larimore
- The average income of a Larimore resident is $21,246 a year. The US average is $28,555 a year.
- The Median household income of a Larimore resident is $62,800 a year. The US average is $69,021 a year.