Carpenter, ND is a small town located in the Midwest with a population of around 500 people. It is home to several local businesses such as Carpenter Grocery, W&M Auto Repair and Smith Insurance Agency. The town offers affordable rent for 2-bedroom apartments at $830 compared to the national average of $1,430. Additionally, grocery costs in Carpenter are lower than the US average with an index rating of 94 versus 100 in the US. Carpenter is perfect for those looking for an affordable and quiet place to live.
Carpenter has an unemployment rate of 3.5%. The US average is 6.0%.
Carpenter has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Carpenter
- The Sales Tax Rate for Carpenter is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Carpenter 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 Carpenter
- The average income of a Carpenter resident is $67,832 a year. The US average is $28,555 a year.
- The Median household income of a Carpenter resident is $85,833 a year. The US average is $69,021 a year.