Liberty Grove, ND Economy


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Liberty Grove, ND is a small town located in North Dakota. It offers an affordable cost of living compared to the US average. The median rent for a two bedroom apartment is $750, much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Liberty Grove is 91 compared to 100 in the US. There are several local businesses in Liberty Grove including Johnson's Hardware Store, Red Hill Coffee Company, and Garretson Auto Repair. These businesses provide valuable services to the local community and give it a sense of identity and pride.

Liberty Grove has an unemployment rate of 3.5%. The US average is 6.0%.

Liberty Grove has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Liberty Grove
- The Sales Tax Rate for Liberty Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Liberty Grove 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 Liberty Grove
- The average income of a Liberty Grove resident is $15,259 a year. The US average is $37,638 a year.
- The Median household income of a Liberty Grove resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLiberty Grove, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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