Forde, ND is located in the central region of North Dakota. It is a small town, but it offers many opportunities for its citizens. The cost of living in Forde is quite low compared to the rest of the United States. For example, the average 2 bedroom rent in Forde is $820, while the US 2 bedroom rent is $1,430. Furthermore, the grocery cost index in Forde is 92 versus 100 in the US. This makes it an affordable place to live.
Forde has many local companies that provide employment and goods or services to their community. Some of these include Madison Family Farms, Simonson Lumber Co., and LaBrie Trucking & Oil Field Services Inc. All these companies contribute to providing jobs and economic stability for those who live in Forde. The low cost of living combined with local businesses make this a great option for people looking for a place to call home.
Forde has an unemployment rate of 5.5%. The US average is 6.0%.
Forde has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Forde
- The Sales Tax Rate for Forde is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Forde 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 Forde
- The average income of a Forde resident is $26,350 a year. The US average is $28,555 a year.
- The Median household income of a Forde resident is $35,250 a year. The US average is $69,021 a year.