Missouri Ridge, ND Economy


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Missouri Ridge, ND is a small town situated in the west of North Dakota. The average rent for a two-bedroom home in Missouri Ridge is substantially lower than the national average at $690 compared to $1,430. Additionally, the Grocery Cost Index in Missouri Ridge is 101 points higher than the US average index of 100, indicating that groceries are more expensive in this small town area.
The town of Missouri Ridge is also home to many notable businesses and services such as Rorvig's Auto Repair, Old Hickory Garage, and Johnson's Grocery Store. In addition to these local services offered by independent businesses, the city boasts multiple places of worship as well as a community library and public park.

Missouri Ridge has an unemployment rate of 9.0%. The US average is 6.0%.

Missouri Ridge has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 0.5%, which is lower than the US average of 33.5%.

Tax Rates for Missouri Ridge
- The Sales Tax Rate for Missouri Ridge is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Missouri Ridge 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 Missouri Ridge
- The average income of a Missouri Ridge resident is $74,608 a year. The US average is $28,555 a year.
- The Median household income of a Missouri Ridge resident is $111,111 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMissouri Ridge, North DakotaUnited States
  96
  -14.6%-6.2%
  0.5%33.5%
  6.0%6.2%
  2.0%4.6%
  $42,295$37,638
  $111,111$69,021
  $111,597$85,028
  Population by Occupation
  0.9%1.2%
  26.0%0.5%
  10.2%6.8%
  0.0%10.0%
  4.0%2.5%
  0.0%11.0%
  20.1%4.8%
  6.5%0.8%
  0.0%1.9%
  0.0%4.7%
  4.3%1.9%
  0.0%7.6%
  0.0%0.1%
  2.5%4.2%
  4.0%9.3%
  17.0%14.0%
  0.0%2.1%
  1.2%7.0%
  3.1%4.8%
  0.0%4.7%
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