Clayton, ND is a small city located in the northern part of the United States. It offers a unique lifestyle that combines rural living with modern amenities. The cost of living is lower than other cities, with 2 bedroom rent averaging $820 compared to the US average of $1,430. Additionally, the grocery cost index in Clayton is 95 versus 100 in the US. \nClayton is home to several local businesses such as Redfern Farms, which produces vegetables and herbs for sale; North Dakota Farmers Markets Association, which sells locally grown produce; and K-Tec Manufacturing Inc., a company that designs and manufactures grain handling systems. Other companies include H & M Feeds Services Inc., which provides feed products for animals; and EH Construction LLC., which specializes in residential building services. With its low cost of living and diverse businesses, Clayton is an ideal city for those looking for an affordable place to live and work.
Clayton has an unemployment rate of 6.5%. The US average is 6.0%.
Clayton has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 3.5%, which is lower than the US average of 33.5%.
Tax Rates for Clayton
- The Sales Tax Rate for Clayton is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Clayton 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 Clayton
- The average income of a Clayton resident is $80,474 a year. The US average is $37,638 a year.
- The Median household income of a Clayton resident is $0 a year. The US average is $69,021 a year.