Fairdale, ND is a small town with a population of just over 3,000 people. It offers affordable rent compared to the US average – 2 bedroom rent in Fairdale is just $760 compared to the US average of $1,430. Fairdale also has lower grocery costs, with a cost index of 91 versus 100 in the US. In Fairdale you'll find plenty of local businesses such as Al's Bakery, Island Pizza, and Tom’s Hardware Store to name a few. Other costs of living include utilities which are slightly below the national average and healthcare which is slightly above. Despite these costs being higher than other locations in the US, residents enjoy a low cost of living due to lower housing and food costs.
Fairdale has an unemployment rate of 5.8%. The US average is 6.0%.
Fairdale has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Fairdale
- The Sales Tax Rate for Fairdale is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Fairdale 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 Fairdale
- The average income of a Fairdale resident is $21,929 a year. The US average is $37,638 a year.
- The Median household income of a Fairdale resident is $0 a year. The US average is $69,021 a year.