Buffalo, ND Economy


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Buffalo, ND is a small town located in the Midwest of the United States. It offers a low cost of living with 2 bedroom rentals for just $820 per month, which is far less than the national average of $1,430. Groceries are also very affordable at 97 in Buffalo versus 100 in the US. The town is home to several businesses including Buffalo Trading Post Inc., Buffalo Mercantile Co., and Buffalo Automotive Repair Service. There are also many attractions to explore such as Eagle Creek Golf Course, an outdoor recreation area consisting of over 130 acres of land with nature trails, picnic areas, and more!

Buffalo has an unemployment rate of 3.8%. The US average is 6.0%.

Buffalo has seen the job market decrease by -1.5% 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 Buffalo
- The Sales Tax Rate for Buffalo is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Buffalo 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 Buffalo
- The average income of a Buffalo resident is $35,940 a year. The US average is $37,638 a year.
- The Median household income of a Buffalo resident is $48,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuffalo, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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