Eidsvold, ND is a small town with an affordable cost of living. The average 2 bedroom rent in the area is at $810 per month while the national average is significantly higher at $1,430. Additionally, the grocery cost index in Eidsvold is 93 versus 100 in the US. This means that groceries are 7% cheaper than the national average. There are several local companies to choose from when looking for employment including D&R Trucking Inc., Eidsvold Coop Elevator, and Sunnyside Grain Co. Overall, Eidsvold has much lower costs of living than other areas making it a great place to live.
Eidsvold has an unemployment rate of 7.5%. The US average is 6.0%.
Eidsvold 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 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Eidsvold
- The Sales Tax Rate for Eidsvold is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Eidsvold 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 Eidsvold
- The average income of a Eidsvold resident is $17,023 a year. The US average is $28,555 a year.
- The Median household income of a Eidsvold resident is $26,250 a year. The US average is $69,021 a year.