Elms, ND is a small town located in the Midwest. The average two bedroom rent in Elms is $820 which is much lower than the national average of $1,430. There are many local businesses in this area such as Elms Grocery, Elms Auto Repair, and Elms Hardware. Groceries here also tend to be cheaper with a cost index of 98 compared to the US’s 100. For recreation there is something for everyone in Elms! You can go hiking or biking on the nearby nature trails or visit one of the parks. The city also has a variety of restaurants and pubs for those looking for an evening out with friends and family.
Elms has an unemployment rate of 7.5%. The US average is 6.0%.
Elms has seen the job market decrease by -2.4% 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 Elms
- The Sales Tax Rate for Elms is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elms 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 Elms
- The average income of a Elms resident is $29,763 a year. The US average is $37,638 a year.
- The Median household income of a Elms resident is $0 a year. The US average is $69,021 a year.