Morton, ND Economy


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Morton, ND is a small town located in the heart of North Dakota. Its population is relatively small, but its people are friendly and welcoming. Morton is known for its low rent prices, with two bedroom apartments renting for only $910 compared to the US average of $1,430. Grocery costs in Morton are also lower than the US average, with an index of 98 versus 100 in the US. Businesses that call Morton home include Bank Forward, Gackle Insurance Agency, and Wold Electric Company. The community also boasts many family-owned businesses such as Stan’s Hardware and K&H Repair. Residents can enjoy a variety of activities such as fishing and golfing at one of the local golf courses. All in all, Morton is a great place to live and work!

Morton has an unemployment rate of 4.1%. The US average is 6.0%.

Morton has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Morton
- The Sales Tax Rate for Morton is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Morton 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 Morton
- The average income of a Morton resident is $40,614 a year. The US average is $37,638 a year.
- The Median household income of a Morton resident is $250,001 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMorton, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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