Elliott, ND Economy


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United States / North Dakota / No Metro Area / Ransom County / Elliott / Zip Codes
Elliott, ND is a small town located in Nelson County. It has a population of less than 500 people and offers a relaxed atmosphere for its residents. The cost of living is relatively low compared to other parts of the country as evidenced by the 2 bedroom rent at only $820 per month and the grocery cost index at 95 versus 100 in the US. This makes Elliott an ideal place to settle down. There are a number of local companies that offer goods and services including T-Tron Enterprises, Inc., Dakota Plastics Ltd., and Prairie Lane Farms. For those looking for entertainment, there are attractions like The Depot Museum, The Outdoor Adventure Park, and several golf courses nearby.

Elliott has an unemployment rate of 3.0%. The US average is 6.0%.

Elliott 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 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Elliott
- The Sales Tax Rate for Elliott is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elliott 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 Elliott
- The average income of a Elliott resident is $24,809 a year. The US average is $37,638 a year.
- The Median household income of a Elliott resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElliott, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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