Tolna, ND Economy


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United States / North Dakota / No Metro Area / Nelson County / Tolna / Zip Codes
Tolna, ND is a small rural town located in the North Dakotan region. It has a population of approximatley 1,000 people and is home to many local companies, such as Tolna Hardware Store, Tolna Grocery Store, and Harlow's Garage. The cost of living in Tolna is relatively low; housing costs are at $810 for a two-bedroom apartment while the US average is $1,430. Moreover, the grocery costs index rate in Tolna is 89 compared to 100 in the US. All in all, Tolna offers an affordable alternative to city life without sacrificing basic amenities.

Tolna has an unemployment rate of 5.5%. The US average is 6.0%.

Tolna has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.

Tax Rates for Tolna
- The Sales Tax Rate for Tolna is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Tolna 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 Tolna
- The average income of a Tolna resident is $28,773 a year. The US average is $28,555 a year.
- The Median household income of a Tolna resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTolna, North DakotaUnited States
  5.56
  -0.9%-6.2%
  13.4%33.5%
  5.0%6.2%
  2.0%4.6%
  $64,362$37,638
  $50,000$69,021
  $108,750$85,028
  Population by Occupation
  6.3%1.2%
  0.0%0.5%
  16.5%6.8%
  2.5%10.0%
  0.0%2.5%
  29.1%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  10.1%4.7%
  1.3%1.9%
  8.9%7.6%
  0.0%0.1%
  0.0%4.2%
  10.1%9.3%
  3.8%14.0%
  0.0%2.1%
  8.9%7.0%
  2.5%4.8%
  0.0%4.7%
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