Allendale, ND Economy


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Allendale, ND is an attractive small community with many benefits to offer. The rent for a two bedroom apartment is $880, which provides great value for money compared to the US average of $1,430. It is also cheaper to buy groceries in Allendale than in the US, with a Grocery Cost Index of 100 versus 100 in the US. In addition to providing lower living costs, Allendale has a range of local companies that provide employment opportunities. Notable examples include Classic Pointe Construction and Marlette Farms Dairy, both of which have served the local area for many years and are highly respected businesses. All in all, Allendale offers an affordable lifestyle that makes it a great option for those looking for a new home.

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

Allendale has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Allendale
- The Sales Tax Rate for Allendale is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Allendale 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 Allendale
- The average income of a Allendale resident is $42,096 a year. The US average is $28,555 a year.
- The Median household income of a Allendale resident is $117,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAllendale, North DakotaUnited States
  46
  -4.7%-6.2%
  33.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $39,740$37,638
  $117,667$69,021
  $119,250$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  10.0%6.8%
  5.9%10.0%
  13.3%2.5%
  5.9%11.0%
  4.4%4.8%
  0.0%0.8%
  0.0%1.9%
  5.2%4.7%
  2.2%1.9%
  1.1%7.6%
  0.0%0.1%
  1.8%4.2%
  17.7%9.3%
  15.1%14.0%
  0.0%2.1%
  1.8%7.0%
  1.1%4.8%
  8.5%4.7%
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