Grant, ND is a small town in North Dakota with a population of only 2,500 people. Although it’s a small town, Grant still has plenty to offer and a very affordable cost of living. The average rent for a two bedroom in Grant is $730 which is much lower than the US national average of $1,430 per month. Additionally, the grocery cost index in Grant is 91 compared to 100 in the US making groceries even more affordable for residents. Local businesses such as Terry’s Corner Grocery Store, K&T Body Shop and L&E Construction Company have been staples in the community for years and provide jobs and services for locals. With an inexpensive cost of living and several local businesses to choose from Grant offers its residents an amazing quality of life.
Grant has an unemployment rate of 3.5%. The US average is 6.0%.
Grant 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 Grant
- The Sales Tax Rate for Grant is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grant 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 Grant
- The average income of a Grant resident is $34,555 a year. The US average is $37,638 a year.
- The Median household income of a Grant resident is $0 a year. The US average is $69,021 a year.