Briarwood, ND is a vibrant town with lots of economic opportunities and attractions. The cost of living in Briarwood is relatively low compared to other US states, with 2 bedroom rent at $1,100 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Briarwood is 102 versus 100 in the US. This makes it an attractive option for people looking to save money.
The town has several successful companies such as Briarwood Power Plant and Creative Manufacturing Solutions. For entertainment, people can visit Tower Park which features a playground and tennis courts, as well as the Town Square Mall where one can find a variety of stores. Those interested in outdoor activities can go hiking or biking in Big Valley National Park or enjoy a swim at Whisper Falls Waterpark.
Briarwood has an unemployment rate of 3.8%. The US average is 6.0%.
Briarwood has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Briarwood
- The Sales Tax Rate for Briarwood is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Briarwood 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 Briarwood
- The average income of a Briarwood resident is $94,928 a year. The US average is $28,555 a year.
- The Median household income of a Briarwood resident is $142,500 a year. The US average is $69,021 a year.