Blooming Prairie, ND is a small town with great amenities. The cost of living in this area is relatively low compared to much of the United States. Rent prices for a 2 bedroom apartment are lower than the US average by $570 at just $860 per month. Additionally, groceries in Blooming Prairie are cheaper than in most other areas as evidenced by the Grocery Cost Index being 98 whereas in the US it is 100. Some local companies include G&M Manufacturing Inc., Huemann Construction, and The Blooming Prairie Historical Society. All in all, if you’re looking for an affordable place to live with plenty to do, then Blooming Prairie could be the right fit!
Blooming Prairie has an unemployment rate of 2.9%. The US average is 6.0%.
Blooming Prairie 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 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Blooming Prairie
- The Sales Tax Rate for Blooming Prairie is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Blooming Prairie 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 Blooming Prairie
- The average income of a Blooming Prairie resident is $68,180 a year. The US average is $37,638 a year.
- The Median household income of a Blooming Prairie resident is $0 a year. The US average is $69,021 a year.