Overly, ND is a small city situated in the Midwest with a population of about 400 people. With its rural location, it offers a peaceful atmosphere for those looking to escape the hustle and bustle of big cities. Its flourishing economy is largely supported by local businesses such as Overly Hardware & Lumber, Overly Tire & Auto Repair, and Overly Bakery. The cost of living in this city is quite affordable as 2 bedroom rent averages at $750 compared to the US average of $1,430 and the Grocery Cost Index stands at 92 versus 100 from the US. In short, for those looking for an affordable place to live with plenty of open space and friendly neighbors, Overly should be considered.
Overly has an unemployment rate of 7.5%. The US average is 6.0%.
Overly has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Overly
- The Sales Tax Rate for Overly is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Overly 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 Overly
- The average income of a Overly resident is $19,832 a year. The US average is $37,638 a year.
- The Median household income of a Overly resident is $30,536 a year. The US average is $69,021 a year.