Fordville, ND is a small but vibrant town with plenty of amenities. Rent for a two bedroom apartment in Fordville is much lower than the national average, presenting an opportunity for renters to save money. The grocery cost index in Fordville is also 10% lower than the national average - another advantage for those looking to live in this rural community. Local businesses within the area include the Fordville Farmers Market, which offers fresh produce and plants from local farmers; Agri-Equipment, an agricultural supply store; and Buttons & Bows Children's Boutique, offering clothing and accessories for children ages 0-12. With its affordable rent prices and cost of living, Fordville has something to offer everyone.
Fordville has an unemployment rate of 5.8%. The US average is 6.0%.
Fordville 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 Fordville
- The Sales Tax Rate for Fordville is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Fordville 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 Fordville
- The average income of a Fordville resident is $34,989 a year. The US average is $37,638 a year.
- The Median household income of a Fordville resident is $66,563 a year. The US average is $69,021 a year.