Fort McDermitt, NV Economy


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Fort McDermitt, NV is a small rural community located in the north-western corner of Nevada. It has a population of around 140 people and is known for its quiet lifestyle. The 2 bedroom rent in Fort McDermitt is $1,010 while the US average stands at $1,430. The grocery cost index in Fort McDermitt is 95 versus 100 in the US. Therefore, living costs are generally lower than most parts of America. Local businesses include Canyon Country Store that provides groceries, hardware and other essentials to locals as well as Freedom Gas Station where people can fill up their vehicles. In comparison to other parts of the US, Fort McDermitt offers cheaper rent and groceries making it an attractive destination for those on a budget.

Fort McDermitt has an unemployment rate of 3.5%. The US average is 6.0%.

Fort McDermitt has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.

Tax Rates for Fort McDermitt
- The Sales Tax Rate for Fort McDermitt is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Fort McDermitt is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Fort McDermitt
- The average income of a Fort McDermitt resident is $6,826 a year. The US average is $28,555 a year.
- The Median household income of a Fort McDermitt resident is $16,477 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort McDermitt, NevadaUnited States
  3.56
  -6.2%-6.2%
  22.6%33.5%
  6.9%6.2%
  0.0%4.6%
  $13,524$37,638
  $16,477$69,021
Family Median Income 85028
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