Cornell, ND is a small town located in the United States with an affordable cost of living. The average rent for a two-bedroom apartment in Cornell is only $830, compared to the national average of $1,430. Additionally, grocery costs are below the national average, with an index of 96 compared to 100. Given its affordability and close community atmosphere, Cornell offers a great quality of life if you’re looking for a tranquil place to call home. Local companies and amenities include Pankow Farms for fresh produce and other goods, as well as The Corvette Bar for entertainment. Overall, Cornell is a unique place to live with something for everyone – just don’t forget your coat!
Cornell has an unemployment rate of 3.8%. The US average is 6.0%.
Cornell has seen the job market decrease by -1.0% 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 Cornell
- The Sales Tax Rate for Cornell is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Cornell 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 Cornell
- The average income of a Cornell resident is $35,240 a year. The US average is $28,555 a year.
- The Median household income of a Cornell resident is $90,417 a year. The US average is $69,021 a year.