Griffin, ND is a small town located in the rural plains of North Dakota. Despite its small size, it boasts many local businesses and services that residents can take advantage of. Rent for a 2 bedroom unit in Griffin is approximately $840, which is much lower than the national average of $1,430. Its Grocery Cost Index is also lower than the US average at 92 compared to 100. This highlights an overall lower cost of living when compared to larger cities across the country. For local businesses and services, Griffin has plenty to offer ranging from convenience stores to construction companies like Wold Construction and Parsons Electric Company. Residents can also enjoy outdoor activities such as camping near nearby lakes or explore local museums such as The Fred Lippert Museum or The Sheyenne Valley Museum & Arts Center.
Griffin has an unemployment rate of 4.0%. The US average is 6.0%.
Griffin has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Griffin
- The Sales Tax Rate for Griffin is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Griffin 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 Griffin
- The average income of a Griffin resident is $10,408 a year. The US average is $28,555 a year.
- The Median household income of a Griffin resident is $48,558 a year. The US average is $69,021 a year.