Nesheim, ND is an appealing destination for those looking for a place to settle down and enjoy the cost-savings of small-town life. The average rent for a two-bedroom apartment in Nesheim is only $820 per month, which is significantly lower than the US average of $1,430 per month. Additionally, grocery costs are also fairly low in comparison with other parts of the country. With an index rating of 93 compared to 100 in the US, Nesheim offers attractive savings on basic expenses.
The city has a thriving economy with local businesses such as Kammerer Electric Inc., Golden Bell Ski Area, The Emporium, and North Plains Turbines providing residents with employment opportunities and entertainment options. There are plenty of outdoor activities for all ages such as fishing at nearby lakes or camping in one of North Dakota’s many state parks. With its affordable cost of living and abundance of recreational opportunities, Nesheim is an ideal location for families looking to experience small-town living without sacrificing modern conveniences or amenities.
Nesheim has an unemployment rate of 5.5%. The US average is 6.0%.
Nesheim has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Nesheim
- The Sales Tax Rate for Nesheim is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Nesheim 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 Nesheim
- The average income of a Nesheim resident is $21,125 a year. The US average is $28,555 a year.
- The Median household income of a Nesheim resident is $105,294 a year. The US average is $69,021 a year.