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Elm Tree, ND Economy
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United States
/
North Dakota
/ No Metro Area /
McKenzie County
/ Elm Tree /
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\nElm Tree, ND is a quaint city located in the plains of North Dakota. The cost of living in Elm Tree is more affordable than the national average. For example, the median rent for a two bedroom apartment in Elm Tree is only $810 compared to $1,430 across the United States. Additionally, grocery costs are also lower as the Grocery Cost Index in Elm Tree is 99 versus 100 nationally.
The city has plenty to offer as well. Local companies include Elm Tree Ford, Big Bend Dairy Farm, and Red Fox Bakery. There are also many local recreational activities like hiking trails and scenic lakes for visitors and locals alike.
Overall, Elm Tree offers a unique combination of affordability and charm that make it a great place to live or visit!
Income by Population Percent
Economy
Elm Tree, North Dakota
United States
Unemployment Rate
7.8
6
Recent Job Growth
-16.0%
-6.2%
Future Job Growth
11.0%
33.5%
Sales Taxes
5.0%
6.2%
Income Tax
2.0%
4.6%
Income per Cap.
37638
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