Elmdale, ND is a great place to live for those seeking affordable housing. With an average 2 bedroom rent of only $1,010 compared to the national average of $1,430, you can save money by living in Elmdale. Groceries are also very affordable with a grocery cost index of 95 compared to national average of 100. The town itself is home to local stores and restaurants such as Tom's Diner and Elmdale Pizzeria. It offers plenty of activities for people who enjoy outdoor recreation including fishing and hiking at nearby Dickinson Park. There are also many cultural attractions from the Elmdale Town Hall Museum to the annual Elmdale Arts Festival that celebrates local art and music.
Elmdale has an unemployment rate of 6.0%. The US average is 6.0%.
Elmdale has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Elmdale
- The Sales Tax Rate for Elmdale is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Elmdale 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 Elmdale
- The average income of a Elmdale resident is $43,863 a year. The US average is $28,555 a year.
- The Median household income of a Elmdale resident is $105,469 a year. The US average is $69,021 a year.