Ray, ND is a small city with a rural atmosphere located in the northwest corner of North Dakota. The cost of living here is cheaper than average compared to the rest of the US, with two bedroom rent at $1,060 and a grocery cost index at 99. Despite its size, Ray has many amenities for residents to enjoy. Local companies include New Town Drug Store, Popplers Music, and West River Eagle Newspaper. For recreational activities, some popular attractions in Ray are the public pool, tennis courts, community theatre, golf courses, hiking trails and more. There is also an annual rodeo that takes place each year in August where visitors can enjoy a variety of exciting events such as bull riding and barrel racing.
Ray has an unemployment rate of 9.0%. The US average is 6.0%.
Ray has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 3.9%, which is lower than the US average of 33.5%.
Tax Rates for Ray
- The Sales Tax Rate for Ray is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ray 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 Ray
- The average income of a Ray resident is $32,944 a year. The US average is $28,555 a year.
- The Median household income of a Ray resident is $56,447 a year. The US average is $69,021 a year.