Paradise, ND Economy


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United States / North Dakota / No Metro Area / Eddy County / Paradise / Zip Codes
Paradise, ND is a small town that has many advantages. It is known for its affordable housing and grocery costs. The average two bedroom rent in Paradise is $840 which is significantly lower than the US average of $1,430. Similarly, the Grocery Cost Index in Paradise is 92 compared to 100 in the US. Despite its small size, there are many local businesses and organizations within Paradise that provide services to the community such as local banks, grocery stores, car dealerships, and medical care centers. Additionally, there are several entertainment venues including cafes and movie theaters that provide activities for residents. All of these businesses give life to this small town making it a great place to live or visit.

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

Paradise has seen the job market decrease by -1.8% 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 Paradise
- The Sales Tax Rate for Paradise is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Paradise 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 Paradise
- The average income of a Paradise resident is $37,466 a year. The US average is $37,638 a year.
- The Median household income of a Paradise resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyParadise, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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