Adams, ND is a small town with a population of approximately 500 people. It is located in southeast North Dakota and offers close proximity to urban centers. Despite its size, Adams offers many amenities such as local shops, restaurants and businesses that make it an ideal place for those seeking affordable living. In terms of rental costs, two-bedroom apartments in Adams can be rented for around $750 per month, significantly lower than the national average of $1,430. Additionally, the grocery cost index in Adams is 91 compared to 100 across the U.S., making it more affordable for those who live there. The city also has several local companies such as Adams Hardware & Supply, Standard Furniture Store and Adams Café that contribute to its strong economy. All these factors make Adams an attractive option for those looking for lower cost of living than what's found elsewhere in the country.
Adams has an unemployment rate of 5.8%. The US average is 6.0%.
Adams has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Adams
- The Sales Tax Rate for Adams is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Adams 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 Adams
- The average income of a Adams resident is $26,676 a year. The US average is $28,555 a year.
- The Median household income of a Adams resident is $63,750 a year. The US average is $69,021 a year.