Banner township (Cavalier Cnty), ND is a small rural community located in North Dakota. It is home to many local businesses such as the Banner Inn, Banner Bank, and the Cavalier County Fairgrounds. This small community offers a relaxed atmosphere and a low cost of living. Rent for two bedrooms is $820 per month, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Banner township (Cavalier Cnty), ND is 92 versus 100 in the US. This indicates that living costs are much lower here than other parts of the country. With such low costs of living, it makes Banner township an attractive place to call home.
Banner township (Cavalier County) has an unemployment rate of 3.9%. The US average is 6.0%.
Banner township (Cavalier County) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Banner township (Cavalier County)
- The Sales Tax Rate for Banner township (Cavalier County) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Banner township (Cavalier County) 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 Banner township (Cavalier County)
- The average income of a Banner township (Cavalier County) resident is $55,271 a year. The US average is $28,555 a year.
- The Median household income of a Banner township (Cavalier County) resident is $113,750 a year. The US average is $69,021 a year.