Anderson, ND Economy


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United States / North Dakota / No Metro Area / Barnes County / Anderson / Zip Codes
Anderson, ND is an attractive community tucked in the heart of North Dakota. The city has a relatively low cost of living compared to other places in the US, with 2 bedroom rent costing $860 compared to the national average of $1,430. Additionally, groceries in Anderson are even more affordable with a grocery cost index of 94 versus the national average of 100. The city is well known for its local businesses including Anderson Auto Parts, Anderson Manor Hotel and Restaurant, and Anderson Glasses and Mirrors. Each business caters to a different set of needs and contributes to creating an inviting atmosphere for both locals and visitors alike.

Anderson has an unemployment rate of 3.7%. The US average is 6.0%.

Anderson has seen the job market decrease by -5.0% over the last year. Future job growth over the next ten years is predicted to be 12.5%, which is lower than the US average of 33.5%.

Tax Rates for Anderson
- The Sales Tax Rate for Anderson is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Anderson 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 Anderson
- The average income of a Anderson resident is $26,471 a year. The US average is $28,555 a year.
- The Median household income of a Anderson resident is $88,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnderson, North DakotaUnited States
  3.76
  -1.5%-6.2%
  12.5%33.5%
  5.0%6.2%
  2.0%4.6%
  $57,183$37,638
  $88,438$69,021
Family Median Income 85028
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