Garborg, ND Economy


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Garborg, ND is a small city located in the Midwest, boasting low living costs and convenience to larger cities like Sioux Falls. The two bedroom rent for the area averages $790 per month, which is significantly lower than the national average of $1,430. Additionally, local groceries are nearly 5 points lower than the US index at 95. Popular local companies in Garborg include Vorum Grocery Store, Don's Car Repair Shop, and Moore's Hardware Store. These businesses provide quality goods and services to the Garborg community.

Garborg has an unemployment rate of 3.5%. The US average is 6.0%.

Garborg has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Garborg
- The Sales Tax Rate for Garborg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Garborg 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 Garborg
- The average income of a Garborg resident is $40,544 a year. The US average is $37,638 a year.
- The Median household income of a Garborg resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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