Surrey, ND is a small rural town with a population of less than 2,000 people. It is located in the northwest part of the state and offers a peaceful and unspoiled landscape surrounded by nature. The cost of living in Surrey is much lower than the US national average due to its relatively low rental prices. The monthly cost for a two-bedroom apartment is only $1,030 which is $400 cheaper than the US average rent of $1,430. Additionally, grocery prices are also lower in Surrey when compared to the rest of America as indicated by its Grocery Cost Index score of 100 versus 100 in the US.
Surrey has many local businesses that benefit from its low-cost environment including an auto shop, lumberyard, hardware store, and café. Overall, this quiet town provides a great place for those looking for an affordable place to live that is steeped in natural beauty.
Surrey has an unemployment rate of 6.0%. The US average is 6.0%.
Surrey has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Surrey
- The Sales Tax Rate for Surrey is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Surrey 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 Surrey
- The average income of a Surrey resident is $32,577 a year. The US average is $28,555 a year.
- The Median household income of a Surrey resident is $84,231 a year. The US average is $69,021 a year.