Raymond, ND Economy


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Raymond, ND is a small town located in North Dakota. It's a quiet and cozy town that offers affordable living. The average rent for a two-bedroom apartment in Raymond is $1,240, which is significantly less than the national average of $1,430. Similarly, the Grocery Cost Index in Raymond is on par with the US average.
Living in Raymond also comes with the benefit of being close to several local companies and attractions. Popular employers include First International Bank & Trust, Pride Ag Resources, and North Star Community Credit Union. If you're looking for something to do outside of work or school then there are plenty of fun activities available including Paintball Paradise Park (featuring paintball games), Turtle River State Park (a great spot for camping and biking), and Splashers of the South Seas Waterpark (for those hot summer days).

Raymond has an unemployment rate of 3.8%. The US average is 6.0%.

Raymond has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.

Tax Rates for Raymond
- The Sales Tax Rate for Raymond is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Raymond 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 Raymond
- The average income of a Raymond resident is $33,677 a year. The US average is $28,555 a year.
- The Median household income of a Raymond resident is $84,112 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRaymond, North DakotaUnited States
  3.86
  -1.5%-6.2%
  39.3%33.5%
  5.5%6.2%
  2.0%4.6%
  $81,676$37,638
  $84,112$69,021
  $133,500$85,028
  Population by Occupation
  18.9%1.2%
  0.0%0.5%
  40.0%6.8%
  0.0%10.0%
  0.0%2.5%
  11.1%11.0%
  18.9%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%
  11.1%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
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