Edmore, ND is a rural town with a population of 327 people. It is nestled in Ramsey County and offers plenty of opportunities for businesses, families, and individuals to thrive. The average 2 bedroom rent in Edmore is $750 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index (GCI) in Edmore is 91 compared to 100 in the US making groceries more affordable in this small town. There are several local companies that call Edmore home such as Johansens Steel Building Systems Inc., Sweet Accents Bakery & Cafe LLC, and McHenry Excavation LLC that all serve the community needs. Overall, living in Edmore has its advantages due to its low cost of living when compared to other cities across the United States.
Edmore has an unemployment rate of 4.3%. The US average is 6.0%.
Edmore 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 16.9%, which is lower than the US average of 33.5%.
Tax Rates for Edmore
- The Sales Tax Rate for Edmore is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Edmore 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 Edmore
- The average income of a Edmore resident is $33,117 a year. The US average is $37,638 a year.
- The Median household income of a Edmore resident is $60,439 a year. The US average is $69,021 a year.