Coalfield, ND Economy


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United States / North Dakota / No Metro Area / Divide County / Coalfield / Zip Codes
Coalfield, ND is a small town in North Dakota with a population of around 2,000 people. It is known for its affordable housing options, with the average two bedroom rent being just $1,130 per month. The cost of groceries in Coalfield is also lower than the national average, with an index of 98 versus 100 nationwide. This makes Coalfield an ideal spot to live for those looking for a high quality of life without breaking the bank. \nLocal businesses in Coalfield include Joe’s Burgers which serves up delicious burgers and fries. They’ve been open since 2008 and are beloved by locals. There is also Sandy’s Grocery store where customers can find everything they need at reasonable prices. Additionally, there is Sanders Hardware where customers can get all their hardware needs taken care of quickly and easily. All these businesses contribute to making Coalfield an attractive place to live and work.

Coalfield has an unemployment rate of 2.9%. The US average is 6.0%.

Coalfield 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 Coalfield
- The Sales Tax Rate for Coalfield is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Coalfield 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 Coalfield
- The average income of a Coalfield resident is $36,740 a year. The US average is $37,638 a year.
- The Median household income of a Coalfield resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoalfield, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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