Verona, ND Economy


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United States / North Dakota / No Metro Area / LaMoure County / Verona / Zip Codes
Verona, ND is a small town with plenty of charm. It is located in the heart of North Dakota and offers a variety of amenities for its residents. The cost of living in Verona, ND is much lower than the average in the US, with the 2 bedroom rent being only $820 compared to $1,430 nationally. Furthermore, the Grocery Cost Index in Verona is 92 versus 100 throughout the rest of the country. This makes it an ideal place to live for those who are looking for affordability and convenience.
The town of Verona has several local companies that contribute to its unique character, such as D&D Motors which specializes in automotive service and maintenance, or Richland Seed & Feed where you can find all sorts of farm products and supplies. There are also plenty of other services such as banking, health care, real estate, and more available to its citizens.
All this together makes Verona an ideal place for those seeking comfort and affordability without losing out on quality services or fun activities within the community. With its low cost of living paired with varied amenities makes it hard not to consider moving there!

Verona has an unemployment rate of 2.6%. The US average is 6.0%.

Verona has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Verona
- The Sales Tax Rate for Verona is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Verona 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 Verona
- The average income of a Verona resident is $23,713 a year. The US average is $37,638 a year.
- The Median household income of a Verona resident is $60,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyVerona, North DakotaUnited States
  2.66
  -0.9%-6.2%
  21.7%33.5%
  5.0%6.2%
  2.0%4.6%
  $23,713$37,638
  $60,357$69,021
  $57,500$85,028
  Population by Occupation
  23.7%1.2%
  0.0%0.5%
  1.7%6.8%
  8.5%10.0%
  3.4%2.5%
  22.0%11.0%
  3.4%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%
  28.8%14.0%
  0.0%2.1%
  1.7%7.0%
  6.8%4.8%
  0.0%4.7%
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