Hendrickson, ND is a small town with a population of less than 500 people. Despite its size, it is known for having some of the lowest rental prices in the United States at $830 for two bedroom apartments. The low rent prices are extended to living costs as well, with an average grocery cost index of 96 compared to the US average of 100. Hendrickson has a variety of local businesses including Benson's Electric, Bridgeman Farms, and D&K Construction. These companies offer many employment opportunities and help to make Hendrickson a great place to live.
Hendrickson has an unemployment rate of 6.8%. The US average is 6.0%.
Hendrickson has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Hendrickson
- The Sales Tax Rate for Hendrickson is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hendrickson 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 Hendrickson
- The average income of a Hendrickson resident is $53,647 a year. The US average is $37,638 a year.
- The Median household income of a Hendrickson resident is $0 a year. The US average is $69,021 a year.