Cypress, ND is a small city with many opportunities for employment and leisure activities. It is home to numerous local companies such as Cypress Dairy, Cypress Marketplace, and Cypress Kettle Corn. The cost of living in Cypress is much more affordable than the US average; 2 bedroom rents are $830 in comparison to $1,430 in the US on average. Additionally, grocery cost index is 91 versus 100 in the US which shows that groceries in Cypress are slightly less expensive than the national average. All these amenities make Cypress an attractive city for those looking for a balance between an affordable lifestyle and necessary amenities.
Cypress has an unemployment rate of 3.9%. The US average is 6.0%.
Cypress 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 21.1%, which is lower than the US average of 33.5%.
Tax Rates for Cypress
- The Sales Tax Rate for Cypress is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Cypress 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 Cypress
- The average income of a Cypress resident is $32,549 a year. The US average is $28,555 a year.
- The Median household income of a Cypress resident is $55,938 a year. The US average is $69,021 a year.