St. Paul, ND Economy


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St. Paul, ND is a city with lots of opportunities and amenities for its residents. The rent for two-bedroom homes in St. Paul is lower than the US average at $820 compared to the US average of $1,430. It's also cheaper to buy groceries here with a grocery cost index of 93 compared to 100 in the US. Furthermore, there are many businesses and activities located in St. Paul that make it an ideal place to live. Notable local companies include the Paulson Manufacturing Corporation, which specializes in machining and fabrication services, as well as the Dakota Bakery Cafe, known for their good food at reasonable prices. The city also hosts a number of outdoor activities like biking trails on Turtle River State Park and fishing on Lake Alice. With its affordable housing options, low cost of living and diverse range of activities and businesses, St. Paul is an attractive place to call home.

St. Paul has an unemployment rate of 4.0%. The US average is 6.0%.

St. Paul 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 29.9%, which is lower than the US average of 33.5%.

Tax Rates for St. Paul
- The Sales Tax Rate for St. Paul is 7.0%. The US average is 7.3%.
- The Income Tax Rate for St. Paul 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 St. Paul
- The average income of a St. Paul resident is $29,428 a year. The US average is $28,555 a year.
- The Median household income of a St. Paul resident is $145,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Paul, North DakotaUnited States
  46
  -0.3%-6.2%
  29.9%33.5%
  5.0%6.2%
  2.0%4.6%
  $24,540$37,638
  $145,625$69,021
  $54,063$85,028
  Population by Occupation
  0.0%1.2%
  3.2%0.5%
  0.0%6.8%
  1.6%10.0%
  3.2%2.5%
  9.7%11.0%
  0.0%4.8%
  0.0%0.8%
  3.2%1.9%
  1.6%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  12.9%4.2%
  11.3%9.3%
  17.7%14.0%
  0.0%2.1%
  27.4%7.0%
  0.0%4.8%
  8.1%4.7%
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