Lidgerwood, ND Economy


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Lidgerwood, ND is a small town located in Richland County. It has a population of around 1,600 people. The cost of living in Lidgerwood is relatively low compared to the US average; 2 bedroom rent is approximately $730, which is much lower than the US average of $1,430. Further, the grocery cost index in Lidgerwood is 91 versus 100 in the US.
Local companies include Farmers Union Oil Company, Western Crop Insurance Agency Inc, and PREMIER Bankcard LLC. Other local attractions include Fort Ransom State Park and Sheyenne River Valley National Scenic Byway. It's a great place to live with a welcoming atmosphere and plenty of activities for everyone to enjoy.

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

Lidgerwood has seen the job market decrease by -4.0% 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 Lidgerwood
- The Sales Tax Rate for Lidgerwood is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Lidgerwood 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 Lidgerwood
- The average income of a Lidgerwood resident is $22,942 a year. The US average is $28,555 a year.
- The Median household income of a Lidgerwood resident is $44,159 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLidgerwood, North DakotaUnited States
  3.56
  -2.5%-6.2%
  25.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $28,077$37,638
  $44,159$69,021
  $65,500$85,028
  Population by Occupation
  5.1%1.2%
  0.0%0.5%
  6.1%6.8%
  23.2%10.0%
  6.4%2.5%
  7.7%11.0%
  1.3%4.8%
  0.0%0.8%
  0.0%1.9%
  3.2%4.7%
  0.3%1.9%
  0.0%7.6%
  0.0%0.1%
  2.6%4.2%
  20.3%9.3%
  7.4%14.0%
  6.1%2.1%
  3.5%7.0%
  3.9%4.8%
  2.9%4.7%
Health
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