Roland, ND Economy


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Roland, ND is a small town located in the Great Plains region of the United States. It has a population of about 500 people and is known for its rural living and low cost of living. The average rent for a two bedroom apartment in Roland is $830 per month, much lower than the national average rent of $1,430. Grocery costs are also significantly lower with an index score of 98 compared to 100 for the US as a whole.
Roland has several local businesses that make up the town’s economy such as the Walker Hardware Store, which has been in operation since 1912; Robert’s Farm Equipment & Repair; G&J Towing and Auto Repair; Longmeadow Acres Pet Clinic; The Country Market; and Soft Touch Cleaners.

Roland has an unemployment rate of 7.5%. The US average is 6.0%.

Roland 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 Roland
- The Sales Tax Rate for Roland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Roland 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 Roland
- The average income of a Roland resident is $48,348 a year. The US average is $37,638 a year.
- The Median household income of a Roland resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoland, 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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