Strabane, ND Economy


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Strabane, ND is a small rural town located in the state of North Dakota. It is home to many local businesses such as Strabane Farm Supplies, Strabane Auto Repair, and Bob’s Grocery Store. The cost of living in Strabane is generally lower than the rest of the United States. For example, 2 bedroom rent in Strabane is $1,000 compared to the US average of $1,430. Likewise, the Grocery Cost Index in Strabane is 92 versus 100 in the US. This means that groceries are slightly less expensive in Strabane than they are nationally. Despite its rural setting, Strabane offers small-town charm and quality living at a lower cost than larger cities across America.

Strabane has an unemployment rate of 4.0%. The US average is 6.0%.

Strabane 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 Strabane
- The Sales Tax Rate for Strabane is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Strabane 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 Strabane
- The average income of a Strabane resident is $43,859 a year. The US average is $28,555 a year.
- The Median household income of a Strabane resident is $102,917 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStrabane, North DakotaUnited States
  46
  -4.7%-6.2%
  33.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $53,860$37,638
  $102,917$69,021
Family Median Income 85028
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