Lignite is a small town located in North Dakota with a population of approximately 200 people. It is located close to a lignite coal mining area making it an excellent place for those who are interested in working in this industry. Visitors and locals alike enjoy the local restaurants, shops, and attractions that can be found in the area. Popular companies that have operations there include Great Northern Lumber Company, ARIIX, and Lignite Energy Council. Rent for two-bedroom apartments in Lignite is approximately $840 which is much lower than the national average of $1,430. The Grocery Cost Index is also lower at 95 compared to 100 nationwide. All these factors help make living costs very affordable for those looking to move to this small town.
Lignite has an unemployment rate of 6.5%. The US average is 6.0%.
Lignite has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 3.5%, which is lower than the US average of 33.5%.
Tax Rates for Lignite
- The Sales Tax Rate for Lignite is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Lignite 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 Lignite
- The average income of a Lignite resident is $44,172 a year. The US average is $28,555 a year.
- The Median household income of a Lignite resident is $95,625 a year. The US average is $69,021 a year.