Mabel, ND is a small town located in the US. It has an affordable rental market with 2 bedroom apartments renting for $760 compared to the US average of $1,430. This makes Mabel an attractive option for those who are looking for more affordable living options. In addition to housing costs, grocery prices in Mabel are also lower than US averages as the local grocery cost index is 95 versus 100 in the US.
Many businesses thrive in Mabel, including but not limited to Evans Hardware Store, The Corner Store Cafe & Bakery, Mabel Veterinary Clinic and LaBelle Salon. The tax rate in Mabel is 6% while sales tax is 7%. Additionally, North Dakota does not collect state income taxes or inheritance taxes so residents enjoy a low tax burden.
Mabel has an unemployment rate of 3.5%. The US average is 6.0%.
Mabel has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 10.6%, which is lower than the US average of 33.5%.
Tax Rates for Mabel
- The Sales Tax Rate for Mabel is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Mabel 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 Mabel
- The average income of a Mabel resident is $26,140 a year. The US average is $28,555 a year.
- The Median household income of a Mabel resident is $76,563 a year. The US average is $69,021 a year.