Hammer, ND is a small rural town located in North Dakota. It is known for its affordable rent costs and low grocery cost index. The average 2 bedroom rent in Hammer is $770 compared to the US average of $1,430. The grocery cost index in Hammer is 90 versus 100 in the US. This makes Hammer an attractive option for those looking to save on living expenses. There are many local companies in Hammer such as Farmers Market Grocery Store, Hammer Hardware Store, and WBC Financial Service which offer residents a variety of products and services. In conclusion, Hammer is a great option for those looking to save on cost of living while still being able to access necessary services provided by local businesses.
Hammer has an unemployment rate of 4.3%. The US average is 6.0%.
Hammer 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 Hammer
- The Sales Tax Rate for Hammer is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hammer 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 Hammer
- The average income of a Hammer resident is $51,637 a year. The US average is $37,638 a year.
- The Median household income of a Hammer resident is $0 a year. The US average is $69,021 a year.