Burg, ND is a small town located in the Midwestern United States. It is known for its low cost of living, with two bedroom rentals averaging around $1,160 per month as opposed to the U.S. average of $1,430 per month. Grocery costs are also lower in Burg than the national average with an index rating of 95 compared to 100 at the national level. This makes it an attractive destination for many people looking to save money by moving out of large cities and into more rural areas.
In terms of local companies, Burg has several unique businesses that offer a wide variety of services and products ranging from construction materials to health foods. Some examples include Grandma's Bakery, Mary's Home Furnishings, and Joe's Builders Supply. All these businesses provide quality items at affordable prices which make them popular with locals and visitors alike.
When compared to other parts of the country, Burg has a much lower cost of living which makes it an attractive location for those wanting to find value for their money while still being able to enjoy all that this small town has to offer. Its low real estate prices and grocery costs make it appealing for anyone wanting to save money but still have access to essential amenities such as groceries or housing costs.
Burg has an unemployment rate of 2.9%. The US average is 6.0%.
Burg 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 Burg
- The Sales Tax Rate for Burg is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Burg 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 Burg
- The average income of a Burg resident is $24,767 a year. The US average is $37,638 a year.
- The Median household income of a Burg resident is $0 a year. The US average is $69,021 a year.