Alex, ND Economy


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Alex, ND is a small town with a population of just under a thousand people. The cost of living in Alex is below the US average; two bedroom rent costs $1,340 compared to $1,430 nationally. Additionally, the grocery cost index in Alex is 101 versus 100 in the US. Local employers include Cenex Harvest States, Bomgaars Home & Farm Store and Horizon Health Care. While it may not be bustling with economic activity, Alex provides its residents with comfortable and affordable living conditions.

Alex has an unemployment rate of 7.8%. The US average is 6.0%.

Alex has seen the job market decrease by -16.0% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.

Tax Rates for Alex
- The Sales Tax Rate for Alex is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Alex 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 Alex
- The average income of a Alex resident is $30,009 a year. The US average is $37,638 a year.
- The Median household income of a Alex resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlex, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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