Grand Harbor, ND Economy


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United States / North Dakota / No Metro Area / Ramsey County / Grand Harbor / Zip Codes
Grand Harbor, ND is a small city located in the eastern part of North Dakota. Its cost of living is significantly lower than the US average, with 2 bedroom rent being $820 compared to $1,430 nationally. This makes it an attractive option for those looking for more affordable housing options. Additionally, the Grocery Cost Index in Grand Harbor is 96 versus 100 in the US, further proving its affordability and making it a great place to live. Some of the local businesses in Grand Harbor include Anderson Real Estate Agency, Grand Harbor Lumber Company, and Arnoldy's Automotive Repair. These local companies offer goods and services that are essential to making life easier in Grand Harbor.

Grand Harbor has an unemployment rate of 4.3%. The US average is 6.0%.

Grand Harbor has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.

Tax Rates for Grand Harbor
- The Sales Tax Rate for Grand Harbor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grand Harbor 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 Grand Harbor
- The average income of a Grand Harbor resident is $62,766 a year. The US average is $37,638 a year.
- The Median household income of a Grand Harbor resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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