Medicine Hill, ND Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / North Dakota / No Metro Area / McLean County / Medicine Hill / Zip Codes
Medicine Hill, ND is a small town located in the northwest part of North Dakota. It has a population of just over 500 people, making it a quiet and peaceful place to live. The median rent for a two-bedroom apartment in Medicine Hill is $820 per month which is much lower than the US average of $1,430. Furthermore, the cost of groceries in Medicine Hill is 96% that of the national average. Local businesses in Medicine Hill include White Construction Inc., North Star Realty & Development, and Stromsodt Motors & Trailers among others. These businesses offer employment opportunities to residents and support the local economy. Residents also enjoy outdoor activities such as fishing at nearby Lake Ziegler and camping at Medicine Creek State Park. With its low cost of living and abundance of outdoor activities, Medicine Hill offers an ideal living environment for those looking for a quieter life away from major metropolitan areas.

Medicine Hill has an unemployment rate of 4.9%. The US average is 6.0%.

Medicine Hill 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 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Medicine Hill
- The Sales Tax Rate for Medicine Hill is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Medicine Hill 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 Medicine Hill
- The average income of a Medicine Hill resident is $46,972 a year. The US average is $28,555 a year.
- The Median household income of a Medicine Hill resident is $128,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMedicine Hill, North DakotaUnited States
  4.96
  0.0%-6.2%
  28.5%33.5%
  5.0%6.2%
  2.0%4.6%
  $43,639$37,638
  $128,125$69,021
  $128,125$85,028
  Population by Occupation
  25.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  33.3%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%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%
  0.0%4.8%
  41.7%4.7%
Health
Compare Medicine Hill, ND
cost of living
Compare food, housing, utilities, and more in Medicine Hill, North Dakota to any other city in the US.