Monango, ND is a small town with a population of about 350 people. Despite its small size, it offers many amenities for its residents. The average rent for a two-bedroom apartment in Monango is $820 per month, which is significantly lower than the national average of $1,430. Grocery costs in Monango are also relatively low compared to the US at 91 on the cost index versus 100 in the US. Residents can shop local at stores such as Pattersons Family Foods and Big G's Grocery. Additionally there are many employment opportunities in the area as well as recreational activities such as fishing and hunting nearby. All in all, Monango offers a comfortable and affordable place to live with plenty of entertainment options.
Monango has an unemployment rate of 3.2%. The US average is 6.0%.
Monango has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Monango
- The Sales Tax Rate for Monango is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Monango 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 Monango
- The average income of a Monango resident is $17,976 a year. The US average is $28,555 a year.
- The Median household income of a Monango resident is $113,750 a year. The US average is $69,021 a year.