Tiber, ND Economy


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United States / North Dakota / No Metro Area / Walsh County / Tiber / Zip Codes
Tiber, ND is a small rural community located in the northern part of the state. It is known for its quiet, peaceful atmosphere and friendly people. The cost of living in Tiber is lower than the national average, making it more attractive to those looking for an affordable place to live. Rent for two bedrooms in Tiber can be found for just $840 a month, while nationwide it averages $1,430. Grocery costs in Tiber are also lower than the US average; with a grocery cost index of 92 versus 100 across the country.
Tiber has several local businesses that make up its economy including retail stores like Wal Mart and Ace Hardware as well as restaurants such as B-Bop's Diner and Yoder's Deli & Cafe. There are also several medical providers located within the city limits such as Plains Regional Medical Center and several private practice doctors providing care to the residents of Tiber.
In conclusion, Tiber is an attractive option for anyone looking to save money on their cost of living without sacrificing quality services or amenities. With its lower rent prices and reduced grocery costs compared to other cities in North Dakota, it’s no wonder why many people are interested in moving there!

Tiber has an unemployment rate of 5.8%. The US average is 6.0%.

Tiber has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Tiber
- The Sales Tax Rate for Tiber is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Tiber 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 Tiber
- The average income of a Tiber resident is $44,944 a year. The US average is $28,555 a year.
- The Median household income of a Tiber resident is $119,375 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTiber, North DakotaUnited States
  5.86
  -2.1%-6.2%
  23.2%33.5%
  5.3%6.2%
  2.0%4.6%
  $46,333$37,638
  $119,375$69,021
  $121,250$85,028
  Population by Occupation
  16.4%1.2%
  0.0%0.5%
  9.1%6.8%
  0.0%10.0%
  5.5%2.5%
  36.4%11.0%
  5.5%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.3%9.3%
  9.1%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  10.9%4.7%
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