Beaver, ND is a small but vibrant town in North Dakota. The cost of living in Beaver, ND is very affordable thanks to low rent and groceries prices; a two bedroom apartment can be rented for an average of $750, compared to the national average of $1,430. Additionally, grocery items are approximately 7% cheaper than what they would usually cost across the US. Many local businesses provide essential goods and services to the community; some examples are J&J's General Store, providing quality items at competitive prices, and King's Variety Store, which offers a wide variety of goods from clothing to electronics. All in all, Beaver is an excellent place to live for anyone looking for an affordable yet exciting lifestyle.
Beaver has an unemployment rate of 6.5%. The US average is 6.0%.
Beaver has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 5.5%, which is lower than the US average of 33.5%.
Tax Rates for Beaver
- The Sales Tax Rate for Beaver is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Beaver 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 Beaver
- The average income of a Beaver resident is $37,645 a year. The US average is $37,638 a year.
- The Median household income of a Beaver resident is $0 a year. The US average is $69,021 a year.