Parshall, ND is a small town known for its low cost of living. Rent for a 2 bedroom apartment in Parshall is about $850 while the same size apartment in the US averages around $1,430. Groceries there are even more affordable with an index at 97 versus 100 in the US. This makes it an ideal place to live if you're looking for affordability. Local companies include Ritterbusch Oil Company, Parshall Inn and Suites, and Parson's Trucking Inc. All three provide essential services to residents and have been part of the fabric of this community since its founding.
Parshall has an unemployment rate of 4.6%. The US average is 6.0%.
Parshall has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.
Tax Rates for Parshall
- The Sales Tax Rate for Parshall is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Parshall 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 Parshall
- The average income of a Parshall resident is $26,820 a year. The US average is $28,555 a year.
- The Median household income of a Parshall resident is $48,750 a year. The US average is $69,021 a year.