Portland, ND Economy


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United States / North Dakota / No Metro Area / Traill County / Portland / Zip Codes
Portland, ND is a small town with approximately 8,000 people. Located in the state of North Dakota, this city is an excellent place for those looking for a slower pace of life. The low cost of living makes it an attractive option for anyone on a budget. The average two bedroom rental here is only $810 compared to the US average of $1,430. Additionally, grocery costs are 94 compared to the US index of 100.
The city is home to many local businesses and organizations like Boring's Super Value Grocery Store, Portland Hardware and Supply Company, and the Knights of Columbus Hall. There are also plenty of local parks and recreation centers where residents can take part in activities such as fishing, hiking, camping, canoeing and more. Furthermore, there are numerous churches in the area that offer Sunday services and religious education classes for children. For health care there is a local medical center that provides services to the entire county.

Portland has an unemployment rate of 3.4%. The US average is 6.0%.

Portland has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Portland
- The Sales Tax Rate for Portland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Portland 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 Portland
- The average income of a Portland resident is $22,857 a year. The US average is $28,555 a year.
- The Median household income of a Portland resident is $70,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortland, North DakotaUnited States
  3.46
  -0.1%-6.2%
  33.1%33.5%
  7.0%6.2%
  2.0%4.6%
  $33,931$37,638
  $70,375$69,021
  $91,875$85,028
  Population by Occupation
  7.9%1.2%
  0.7%0.5%
  6.6%6.8%
  6.9%10.0%
  2.6%2.5%
  7.9%11.0%
  3.0%4.8%
  0.0%0.8%
  0.7%1.9%
  12.9%4.7%
  0.3%1.9%
  3.0%7.6%
  0.0%0.1%
  0.0%4.2%
  18.5%9.3%
  19.1%14.0%
  0.0%2.1%
  5.9%7.0%
  3.0%4.8%
  1.0%4.7%
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