Forthun, ND Economy


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United States / North Dakota / No Metro Area / Burke County / Forthun / Zip Codes
Forthun, ND is a small town located in the United States. The median rent for a two bedroom apartment is $830 compared to the national average of $1,430. This makes it much more affordable for people living in this area. The grocery cost index is also lower than the US average with 95 versus 100 giving locals an even greater savings when purchasing food items. There are numerous local companies in Forthun such as Forthun Grocery Store, Jack's Butcher Shop and Hansen Hardware that give residents access to goods and services at prices they can afford. In comparison to other cities around the country, Forthun offers its residents a fairly low cost of living making it an ideal place to settle down and start a family.

Forthun has an unemployment rate of 6.5%. The US average is 6.0%.

Forthun has seen the job market decrease by -7.3% over the last year. Future job growth over the next ten years is predicted to be 3.5%, which is lower than the US average of 33.5%.

Tax Rates for Forthun
- The Sales Tax Rate for Forthun is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Forthun 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 Forthun
- The average income of a Forthun resident is $38,593 a year. The US average is $37,638 a year.
- The Median household income of a Forthun resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForthun, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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