Winfield, ND is one of the most affordable places to live in the United States. The average 2 bedroom rent in Winfield is only $650, which is significantly lower than the US average of $1,430. In addition to low rent prices, the cost of living index in Winfield is also quite low measuring at 96 compared to 100 in the US. Many local companies are located in Winfield making it an attractive place for people looking for work. Some of these companies include DMS Manufacturing, Brown Paper Goods Inc., and Precision Equipment Solutions. All in all, living in Winfield can offer a high quality life at a low cost.
Winfield has an unemployment rate of 4.0%. The US average is 6.0%.
Winfield 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 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Winfield
- The Sales Tax Rate for Winfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Winfield 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 Winfield
- The average income of a Winfield resident is $41,083 a year. The US average is $37,638 a year.
- The Median household income of a Winfield resident is $0 a year. The US average is $69,021 a year.