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Fairbanks, ND Economy
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United States
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North Dakota
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Minot Metro Area
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Renville County
/ Fairbanks /
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Fairbanks, ND is a small town that offers many advantages to its residents. Its cost of living is much lower than the US average, with two bedroom rent being $990 compared to the national average of $1,430. Grocery costs in Fairbanks are also 95 on the index compared to 100 in the US. Despite its small size, Fairbanks has many local businesses and attractions that can be enjoyed by residents and visitors alike. Popular local companies include The Northern Light Inn & Suites, Fairbanks Fur Trading Company, and JG Enterprises. Attractions in Fairbanks include Chena Hot Springs Resort, Creamer's Field Migratory Waterfowl Refuge, and Fort Wainwright Recreational Park. With its low cost of living and wide variety of activities available, Fairbanks is a great place to live or visit.
Income by Population Percent
Economy
Fairbanks, North Dakota
United States
Unemployment Rate
4.3
6
Recent Job Growth
-1.4%
-6.2%
Future Job Growth
15.0%
33.5%
Sales Taxes
5.0%
6.2%
Income Tax
2.0%
4.6%
Income per Cap.
37638
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