Corwin, ND Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Corwin, ND is a small town in North Dakota with low cost of living. The average two bedroom rent in Corwin is $820 compared to the US average of $1,430. Grocery costs are also relatively low with an index score of 94 versus 100 for the US. Local companies include Corwin Hardware and Supply, Corwin Lumber Company, and High Plains Veterinary Services. Overall, the cost of living in Corwin is quite low making it a great place to live for those looking to save money while still enjoying quiet small-town life.

Corwin has an unemployment rate of 4.0%. The US average is 6.0%.

Corwin has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Corwin
- The Sales Tax Rate for Corwin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Corwin 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 Corwin
- The average income of a Corwin resident is $33,900 a year. The US average is $37,638 a year.
- The Median household income of a Corwin resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorwin, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
Health
Compare Corwin, ND
cost of living
Compare food, housing, utilities, and more in Corwin, North Dakota to any other city in the US.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.