Vesta, ND is a small community located near the US Canada border. It is known for its rural lifestyle and low cost of living. Rent for a two bedroom apartment in Vesta is around $780, which is significantly lower than the US average of $1,430. Grocery prices are also quite affordable with an index score of 91 compared to 100 in average US locations. The local economy is mainly comprised of agriculture, manufacturing, and retail businesses. Many popular companies such as Walmart, Target, and Best Buy have set up shop around this area due to the low cost of doing business here. Overall, Vesta offers a great place to settle down with low housing and grocery costs.
Vesta has an unemployment rate of 5.8%. The US average is 6.0%.
Vesta 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 Vesta
- The Sales Tax Rate for Vesta is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Vesta 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 Vesta
- The average income of a Vesta resident is $46,843 a year. The US average is $28,555 a year.
- The Median household income of a Vesta resident is $61,250 a year. The US average is $69,021 a year.