Litchville, ND is a small town located in the southeastern part of North Dakota. The area is known for its close-knit community and affordable living, with two bedroom rents averaging around $760 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Litchville is 92 compared to 100 in the US. This means that locals can enjoy lower prices on groceries than those from other parts of the country.
The town has plenty of local businesses such as Litchville Motors, TLC Home Repair Services, and La Petite Bakery & Café that offer a variety of services and products to its residents. These businesses provide excellent customer service while helping to support the local economy. In addition to these companies, there are also many small mom-and-pop stores scattered throughout the city that offer unique goods and services.
Litchville has an unemployment rate of 3.7%. The US average is 6.0%.
Litchville has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 12.5%, which is lower than the US average of 33.5%.
Tax Rates for Litchville
- The Sales Tax Rate for Litchville is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Litchville 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 Litchville
- The average income of a Litchville resident is $32,004 a year. The US average is $28,555 a year.
- The Median household income of a Litchville resident is $38,000 a year. The US average is $69,021 a year.