Reile s Acres, ND Economy


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Reile's Acres, ND is a small town nestled away in the countryside, famous for its low cost of living. Rent for a two bedroom apartment is only $820 which is significantly lower than the national average of $1,430. Grocery costs are also much lower with a cost index of 99 compared to 100 in the US. Local businesses include Reile's Family Restaurant and Farmer Steve's Produce Market. Those who choose to live in Reile's Acres enjoy an affordable lifestyle without sacrificing convenience or quality of life.

Reile's Acres has an unemployment rate of 3.8%. The US average is 6.0%.

Reile's Acres 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 Reile's Acres
- The Sales Tax Rate for Reile's Acres is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Reile's Acres 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 Reile's Acres
- The average income of a Reile's Acres resident is $35,672 a year. The US average is $28,555 a year.
- The Median household income of a Reile's Acres resident is $191,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyReile's Acres, North DakotaUnited States
  3.86
  -1.5%-6.2%
  39.3%33.5%
  5.5%6.2%
  2.0%4.6%
  $62,764$37,638
  $191,250$69,021
  $195,169$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  5.6%6.8%
  9.0%10.0%
  2.6%2.5%
  8.2%11.0%
  4.7%4.8%
  0.9%0.8%
  3.7%1.9%
  5.2%4.7%
  0.9%1.9%
  13.8%7.6%
  0.0%0.1%
  0.6%4.2%
  6.7%9.3%
  18.1%14.0%
  0.4%2.1%
  1.9%7.0%
  7.1%4.8%
  5.2%4.7%
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