\nBrightwood, ND is a small town located in the North Dakota region of the United States. The rent for a two-bedroom apartment in Brightwood is $830, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Brightwood stands at 93 versus 100 in the US, indicating that groceries are much more affordable in Brightwood than elsewhere. This makes it an attractive place to live for those looking to save money.
There are plenty of local businesses in Brightwood to meet your needs. These include store chains such as Walmart and Dollar General, along with smaller businesses like Brightwood Hardware and Brightwood Bakery. With its lower cost of living compared to other places around the country, Brightwood is an ideal destination for families looking to cut down their expenses without sacrificing quality or convenience.
Brightwood has an unemployment rate of 3.5%. The US average is 6.0%.
Brightwood has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Brightwood
- The Sales Tax Rate for Brightwood is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brightwood 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 Brightwood
- The average income of a Brightwood resident is $37,923 a year. The US average is $28,555 a year.
- The Median household income of a Brightwood resident is $121,797 a year. The US average is $69,021 a year.