Sydney, ND Economy


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Sydney, ND is a small town located in North Dakota. It is known for its affordability and quality of life. The average two bedroom rental cost in Sydney is $480 per month which is significantly lower than the U.S. average of $1,430. Additionally, the grocery cost index in Sydney is 97 compared to the national average of 100. This makes it an attractive place to live for those who are on a budget. Some local companies that are based in Sydney include Bakken Oilfield Services, Wil-Kil Pest Control and J & M Electric Incorporated. Each of these businesses have been providing services to the community for many years and offer high quality products and services at competitive rates.

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

Sydney has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Sydney
- The Sales Tax Rate for Sydney is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sydney 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 Sydney
- The average income of a Sydney resident is $11,152 a year. The US average is $28,555 a year.
- The Median household income of a Sydney resident is $80,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySydney, North DakotaUnited States
  46
  -0.3%-6.2%
  29.9%33.5%
  5.0%6.2%
  2.0%4.6%
  $33,671$37,638
  $80,625$69,021
  $80,795$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  38.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  35.5%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  25.8%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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