Gilby, ND Economy


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Gilby, ND is a small town located in eastern North Dakota. In this town, you'll find a variety of local businesses, such as bars, restaurants, supermarkets, and pharmacies. The cost of living is generally quite low; the average 2 bedroom rent is $890 compared to the average US rent of $1,430. Grocery costs are also significantly lower than the US average with a grocery cost index of 94 versus 100. In Gilby, locals can enjoy the benefits of affordable rent and low prices on their everyday staples.

Gilby has an unemployment rate of 4.0%. The US average is 6.0%.

Gilby has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Gilby
- The Sales Tax Rate for Gilby is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Gilby 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 Gilby
- The average income of a Gilby resident is $28,395 a year. The US average is $37,638 a year.
- The Median household income of a Gilby resident is $63,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGilby, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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