Milnor, ND Economy


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United States / North Dakota / No Metro Area / Sargent County / Milnor / Zip Codes
Milnor, ND is a small town located in Traill County with a population of around 350 people. It is an affordable place to live and rent rates for two bedroom apartments are just $810 per month, compared to the national average of $1,430. Milnor also has a low cost of living due to its low grocery cost index rating of 95 versus 100 in the US. There are many great local companies and attractions that make Milnor an attractive place to live. A few notable businesses include Pizza Pit and Dairy Queen, as well as local grocery stores such as Becker's Grocery Store and Tom's Super Value. Additionally, there are several beautiful parks scattered throughout the area for outdoor recreation including Lake Donelson State Park and John F Kennedy Memorial Park.

Milnor has an unemployment rate of 2.6%. The US average is 6.0%.

Milnor has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 40.2%, which is higher than the US average of 33.5%.

Tax Rates for Milnor
- The Sales Tax Rate for Milnor is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Milnor 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 Milnor
- The average income of a Milnor resident is $28,898 a year. The US average is $28,555 a year.
- The Median household income of a Milnor resident is $67,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMilnor, North DakotaUnited States
  2.66
  0.4%-6.2%
  40.2%33.5%
  5.0%6.2%
  2.0%4.6%
  $39,729$37,638
  $67,500$69,021
  $89,821$85,028
  Population by Occupation
  13.8%1.2%
  0.8%0.5%
  3.9%6.8%
  27.8%10.0%
  2.3%2.5%
  9.9%11.0%
  1.0%4.8%
  4.9%0.8%
  0.0%1.9%
  1.3%4.7%
  1.0%1.9%
  0.5%7.6%
  0.0%0.1%
  0.0%4.2%
  5.2%9.3%
  15.8%14.0%
  3.6%2.1%
  3.1%7.0%
  1.0%4.8%
  3.9%4.7%
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