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Gerrard, ND Economy
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North Dakota
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Towner County
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Gerrard, ND is a small town situated in the United States of America. It is known for its low cost of living and affordable rental rates. The average two bedroom rent in Gerrard, ND is just $770 per month, significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Gerrard, ND is 92 compared to 100 in the US. For those looking for work opportunities there are a variety of local companies and industries that offer competitive wages and job security. Companies like Granger Farms, Weyerhauser Inc., and Big River Grain Commodities all call Gerrard home. Furthermore, agriculture has been an important part of the local economy since its founding in 1882 with many family farms still operating today. In short, Gerrard is a great place to live with plenty of opportunity for those willing to work hard and take advantage of what this small town has to offer.
Income by Population Percent
Economy
Gerrard, North Dakota
United States
Unemployment Rate
4.2
6
Recent Job Growth
1.0%
-6.2%
Future Job Growth
5.3%
33.5%
Sales Taxes
5.0%
6.2%
Income Tax
2.0%
4.6%
Income per Cap.
37638
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