Horseshoe Valley, ND Economy


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United States / North Dakota / No Metro Area / McLean County / Horseshoe Valley / Zip Codes
Horseshoe Valley, ND is a small town that offers great amenities and affordability. Residents can expect to pay an average of $970 for rent on a two bedroom apartment, which is significantly lower than the national average of $1,430. Additionally, the cost of groceries is also lower when compared to the US with an index rating of 97. The area boasts several local businesses and services such as Horseshoe Valley Bakery and Deli, Dixon's General Store, and Boles Auto Repair. These establishments provide residents with necessary goods and services in a friendly community atmosphere.

Horseshoe Valley has an unemployment rate of 4.9%. The US average is 6.0%.

Horseshoe Valley has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Horseshoe Valley
- The Sales Tax Rate for Horseshoe Valley is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Horseshoe Valley 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 Horseshoe Valley
- The average income of a Horseshoe Valley resident is $26,733 a year. The US average is $37,638 a year.
- The Median household income of a Horseshoe Valley resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

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