Balta, ND is a small town with a population of around 300 people. It has a low cost of living compared to the national average; two bedroom apartments rent for $740 monthly and the grocery cost index is 97 versus 100 in the US. The town is home to several local businesses such as Balta Bar and Grill, Silbernagel Lumber Yard, Puddle Jumper Coffee Shop, and Paulson Electric. These businesses provide many goods and services to the community, making it a great place to live.
Balta has an unemployment rate of 4.5%. The US average is 6.0%.
Balta has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.
Tax Rates for Balta
- The Sales Tax Rate for Balta is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Balta 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 Balta
- The average income of a Balta resident is $13,660 a year. The US average is $28,555 a year.
- The Median household income of a Balta resident is $27,917 a year. The US average is $69,021 a year.