Nordick, MN Economy


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Nordick, MN is a small city located in the Midwest. With its low population and cost of living, Nordick is an ideal location for those looking for a quiet escape from the hustle and bustle of more populated areas. Rent for a two-bedroom apartment is about $820 per month, while groceries are slightly cheaper with a grocery cost index of 95 compared to the US's 100.
Nordick offers plenty to do as well. There are many local companies such as Knapp General Store that offers an array of goods as well as attractions such as Fort Snelling National Monument which provides great outdoor activities for all ages. Nordick also has several museums where visitors can explore the unique culture and history of the area.

Nordick has an unemployment rate of 4.1%. The US average is 6.0%.

Nordick has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Nordick
- The Sales Tax Rate for Nordick is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Nordick is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Nordick
- The average income of a Nordick resident is $43,074 a year. The US average is $28,555 a year.
- The Median household income of a Nordick resident is $87,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNordick, MinnesotaUnited States
  4.16
  -2.3%-6.2%
  20.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $39,582$37,638
  $87,500$69,021
  $92,000$85,028
  Population by Occupation
  15.4%1.2%
  0.0%0.5%
  30.8%6.8%
  26.9%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%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%
  15.4%9.3%
  11.5%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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