Harmon, ND Economy


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Harmon, ND is a small town with a population of approximately 2,000 people. The average cost of rent for a two-bedroom apartment in Harmon is $910 per month, compared to the national average of $1,430 per month. The Grocery Cost Index in Harmon is the same as the national average at 100. In addition to rental housing, Harmon also offers many local businesses such as Red River Bank, Harmon Automotive Parts Store and L&D Department Store. Residents of Harmon have access to all the necessary amenities needed for everyday life while enjoying the quiet rural atmosphere.

Harmon has an unemployment rate of 5.3%. The US average is 6.0%.

Harmon has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Harmon
- The Sales Tax Rate for Harmon is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Harmon 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 Harmon
- The average income of a Harmon resident is $67,138 a year. The US average is $28,555 a year.
- The Median household income of a Harmon resident is $158,594 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarmon, North DakotaUnited States
  5.36
  -0.8%-6.2%
  27.8%33.5%
  5.5%6.2%
  2.0%4.6%
  $41,854$37,638
  $158,594$69,021
  $158,594$85,028
  Population by Occupation
  0.0%1.2%
  15.5%0.5%
  11.6%6.8%
  0.0%10.0%
  0.0%2.5%
  15.5%11.0%
  2.3%4.8%
  7.0%0.8%
  0.0%1.9%
  21.7%4.7%
  0.0%1.9%
  15.5%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  10.9%4.8%
  0.0%4.7%
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