Midway, ND Economy


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Midway, ND is a small rural town located in the western region of North Dakota. It offers its residents a low cost of living with two bedroom rents at only $480 a month and grocery costs indexing 97 compared to the US average of 100. The town is home to many local businesses that provide essential services to its citizens such as Michael's Market, Midway Lumber, and Prairie Pet Supply. There are also other amenities available for residents such as country clubs, golf courses, outdoor recreation centers, and movie theaters. Midway provides a great quality of life outside of its low-cost housing and groceries that make it an ideal place to live for families and individuals alike.

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

Midway has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Midway
- The Sales Tax Rate for Midway is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Midway 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 Midway
- The average income of a Midway resident is $34,145 a year. The US average is $28,555 a year.
- The Median household income of a Midway resident is $87,656 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMidway, North DakotaUnited States
  46
  -0.3%-6.2%
  29.9%33.5%
  5.0%6.2%
  2.0%4.6%
  $36,515$37,638
  $87,656$69,021
  $101,406$85,028
  Population by Occupation
  6.9%1.2%
  0.0%0.5%
  17.1%6.8%
  16.6%10.0%
  0.0%2.5%
  0.0%11.0%
  15.2%4.8%
  0.0%0.8%
  0.0%1.9%
  9.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  4.6%9.3%
  12.9%14.0%
  0.9%2.1%
  3.7%7.0%
  5.1%4.8%
  7.8%4.7%
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