Deering, ND Economy


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Deering, ND is a small town located in North Dakota. It is known for its low 2 Bedroom rent which is only $830, compared to the US average of $1,430. Additionally, residents of Deering benefit from a Grocery Cost Index that is 94 as opposed to the US at 100. Living in Deering can provide big savings for individuals and families looking to stretch their dollar. The town has various local businesses such as family owned restaurants like Deering Diner and stores like Stokke's Hardware & Feed. There are also several banks for financial needs such as First International Bank & Trust and Starion Bank. Finally, there are health care facilities like Sanford Medical Center Deering Clinic where you can get quality medical services.

Deering has an unemployment rate of 6.8%. The US average is 6.0%.

Deering has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.

Tax Rates for Deering
- The Sales Tax Rate for Deering is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Deering 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 Deering
- The average income of a Deering resident is $24,122 a year. The US average is $28,555 a year.
- The Median household income of a Deering resident is $64,306 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeering, North DakotaUnited States
  6.86
  -1.6%-6.2%
  19.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $28,699$37,638
  $64,306$69,021
Family Median Income 85028
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