Reynolds, ND is a small city located in the Midwest. It is known for its affordable cost of living, with 2 bedroom rental rates at $840 compared to the US average of $1,430. The grocery cost index in Reynolds is 95 versus the US average of 100, which makes groceries even more affordable than the rest of the country. Local companies and amenities include R & D Electric Company LLC, Reynolds Music Shop and Cabal's Deli. The city also boasts a number of parks and outdoor activities such as fishing spots, hiking trails and nearby lakes. Other attractions include The Hatchery Museum, Reynolds Public Library and a community health center providing essential medical services to residents.
Reynolds has an unemployment rate of 3.4%. The US average is 6.0%.
Reynolds 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 Reynolds
- The Sales Tax Rate for Reynolds is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Reynolds 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 Reynolds
- The average income of a Reynolds resident is $29,118 a year. The US average is $28,555 a year.
- The Median household income of a Reynolds resident is $72,708 a year. The US average is $69,021 a year.