Sherman, ND is a small city located in North Dakota. It is known for its friendly atmosphere and low cost of living. The average 2 bedroom rent in Sherman, ND is about $1,010 per month which is quite a bit lower than the US average of $1,430. Additionally, when it comes to groceries Sherman's index stands at 95 compared to the national index of 100. This means that residents pay less for their grocery items than other US cities.
The city has many local businesses such as Vision Insurance Solutions Inc., Cornerstone Construction and Design Inc., Advantage Auto Repair LLC., and Northland Industrial Services Inc. All these companies provide great employment opportunities to those looking for work within the city.
In summary, Sherman, ND offers affordable housing and food options as well as quality companies to work for. This makes it a great place to live and work.
Sherman has an unemployment rate of 7.5%. The US average is 6.0%.
Sherman has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Sherman
- The Sales Tax Rate for Sherman is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Sherman 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 Sherman
- The average income of a Sherman resident is $70,707 a year. The US average is $28,555 a year.
- The Median household income of a Sherman resident is $110,547 a year. The US average is $69,021 a year.