Nora, ND is a small town located in Grand Forks County, ideally situated near many outdoor activities, like hiking and fishing. The cost of living in Nora is quite low compared to the rest of the United States; 2 bedroom rent averages at $840 a month, and Grocery Cost Index is considerably lower at 94 versus 100 in the US. Local businesses in Nora include K&M Landscaping, Benton’s Auto Repair, The Cedar Chest Boutique & Framing, and Hochhalter Agency Inc Insurance. These companies provide essential services to the citizens of Nora as well as surrounding areas.
Nora has an unemployment rate of 2.6%. The US average is 6.0%.
Nora has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Nora
- The Sales Tax Rate for Nora is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Nora 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 Nora
- The average income of a Nora resident is $27,326 a year. The US average is $28,555 a year.
- The Median household income of a Nora resident is $157,917 a year. The US average is $69,021 a year.