Manvel, ND Economy


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Manvel, ND is a small town with a population of around 600 people. Despite its size, it has plenty of affordable housing options, with the average two-bedroom rent being $1,000. The cost of living in Manvel is lower than the US as a whole, with a grocery cost index of 98 compared to the US's 100. For those looking to move to Manvel, there are plenty of local companies and attractions for entertainment. Some of those companies include Comstock Motors and Manvel Implement Co. As for attractions, the area is home to several parks such as Endeavor Park and City Park which offer plenty of recreational activities for all ages.

Manvel has an unemployment rate of 4.0%. The US average is 6.0%.

Manvel has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Manvel
- The Sales Tax Rate for Manvel is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Manvel 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 Manvel
- The average income of a Manvel resident is $27,254 a year. The US average is $28,555 a year.
- The Median household income of a Manvel resident is $89,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManvel, North DakotaUnited States
  46
  -4.7%-6.2%
  33.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $37,196$37,638
  $89,167$69,021
  $78,125$85,028
  Population by Occupation
  5.1%1.2%
  0.9%0.5%
  11.2%6.8%
  9.8%10.0%
  4.7%2.5%
  9.8%11.0%
  6.5%4.8%
  1.4%0.8%
  0.9%1.9%
  0.0%4.7%
  3.3%1.9%
  1.4%7.6%
  0.0%0.1%
  5.1%4.2%
  13.6%9.3%
  14.5%14.0%
  0.0%2.1%
  4.2%7.0%
  4.7%4.8%
  2.8%4.7%
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