Dayton, ND is a vibrant city with a strong local economy and plenty of attractions for visitors. There are many places to explore in the area, including local shops, restaurants, and parks. The cost of living is also much lower than the US average, with 2 bedroom rents averaging $810 compared to the US rate of $1430. Additionally, the grocery cost index in Dayton is 89 compared to 100 in the US. Such low prices make Dayton an attractive destination for those seeking affordable accommodations. Dayton also has numerous local companies offering goods and services such as B&B Electric Co., Red River Valley Motorsports Park, and Smiles by Dr. Saeger Orthodontics. These businesses contribute to the city’s growth and development while providing opportunities for residents and visitors alike.
Dayton has an unemployment rate of 5.5%. The US average is 6.0%.
Dayton has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Dayton
- The Sales Tax Rate for Dayton is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Dayton 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 Dayton
- The average income of a Dayton resident is $16,002 a year. The US average is $37,638 a year.
- The Median household income of a Dayton resident is $0 a year. The US average is $69,021 a year.