Hamilton, ND is an excellent place to live for those looking for a small-town atmosphere with close access to all the amenities of city living. The average 2 bedroom rent in Hamilton is $830 compared to the national average of $1,430, making this a great option for those on a budget. Additionally, the cost of groceries and other goods is lower than average too; the grocery cost index in Hamilton is 93 compared to 100 in the US. Hamilton, ND has many great local businesses such as 'The Daily Grind' coffee shop, 'Thing A Ma Jig' hardware shop, and 'Jasper's Pizza Place'. All these businesses are highly rated by locals and provide quality services and products.
Hamilton has an unemployment rate of 5.9%. The US average is 6.0%.
Hamilton has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton
- The Sales Tax Rate for Hamilton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hamilton 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 Hamilton
- The average income of a Hamilton resident is $35,895 a year. The US average is $37,638 a year.
- The Median household income of a Hamilton resident is $74,375 a year. The US average is $69,021 a year.