Freeman, ND is a small town located in the state of North Dakota. It is known for its friendly people and low cost of living. The average two-bedroom rent is $830 which is significantly lower than the national average of $1,430. Freeman also has a Grocery Cost Index of 92 compared to the US index of 100, making it an affordable place to live. Popular local companies include Freeman Farmers Co-op, Ace Hardware & Lumber, and Gkeeter Automotive Services Inc. These businesses offer excellent services to the local community and are essential for the Freeman economy.
Freeman has an unemployment rate of 3.5%. The US average is 6.0%.
Freeman has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Freeman
- The Sales Tax Rate for Freeman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Freeman 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 Freeman
- The average income of a Freeman resident is $40,548 a year. The US average is $37,638 a year.
- The Median household income of a Freeman resident is $95,625 a year. The US average is $69,021 a year.