Elgin township (Cavalier County), ND Economy


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United States / North Dakota / No Metro Area / Cavalier County / Elgin township (Cavalier County) / Zip Codes
Elgin township, ND is a great place to live. It has a low rent cost of $820 for two bedroom apartments and the Grocery Cost Index is 94 versus 100 in the US. This makes it an affordable place to call home. The local area is full of amenities such as parks and shopping centers. Major companies in Elgin township, ND include Walmart, Home Depot, Lowe's, and Target. Other businesses are mostly small-medium sized businesses that provide services like auto repair shops, restaurants, hair salons, and dry cleaners. With its affordability and variety of business options available, Elgin township offers something for everyone who wants to call it home.

Elgin township (Cavalier County) has an unemployment rate of 3.9%. The US average is 6.0%.

Elgin township (Cavalier County) has seen the job market increase by 0.2% 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 Elgin township (Cavalier County)
- The Sales Tax Rate for Elgin township (Cavalier County) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elgin township (Cavalier County) 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 Elgin township (Cavalier County)
- The average income of a Elgin township (Cavalier County) resident is $52,537 a year. The US average is $37,638 a year.
- The Median household income of a Elgin township (Cavalier County) resident is $105,987 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElgin township (Cavalier County), North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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