North River, ND Economy


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North River, ND is a small town located in the northern part of the country. It is known for its scenic views and peaceful atmosphere. Rent in North River is considerably lower than the average US rent, making it attractive to new residents. Additionally, grocery prices in North River are only slightly higher than those across the US. This makes it an ideal place to live if you're looking for a budget-friendly option. There are a few businesses in North River such as The River Cafe, Stone Creek Winery, and North Country Antiques. Each offers something unique that adds to the charm of this small town.

North River has an unemployment rate of 3.8%. The US average is 6.0%.

North River has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.

Tax Rates for North River
- The Sales Tax Rate for North River is 7.5%. The US average is 7.3%.
- The Income Tax Rate for North River 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 North River
- The average income of a North River resident is $33,805 a year. The US average is $28,555 a year.
- The Median household income of a North River resident is $126,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNorth River, North DakotaUnited States
  3.86
  -1.5%-6.2%
  39.3%33.5%
  5.5%6.2%
  2.0%4.6%
  $48,185$37,638
  $126,250$69,021
  $127,083$85,028
  Population by Occupation
  9.1%1.2%
  0.0%0.5%
  9.1%6.8%
  13.6%10.0%
  9.1%2.5%
  0.0%11.0%
  13.6%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  27.3%7.6%
  0.0%0.1%
  0.0%4.2%
  4.5%9.3%
  9.1%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  4.5%4.7%
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