Ivanhoe, ND is an affordable place to live, with a two-bedroom rent being only $1,020 per month. This is much lower than the US average of $1,430 per month for two bedrooms. Additionally, groceries in Ivanhoe are even more affordable as the Grocery Cost Index is 94 compared to 100 in the US. Local companies such as Ivanhoe Farm Supply and Ivanhoe Auto Parts give residents great places to shop for everyday needs. Overall, Ivanhoe offers affordability and convenience within a tight-knit community.
Ivanhoe has an unemployment rate of 4.3%. The US average is 6.0%.
Ivanhoe has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for Ivanhoe
- The Sales Tax Rate for Ivanhoe is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Ivanhoe 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 Ivanhoe
- The average income of a Ivanhoe resident is $49,197 a year. The US average is $37,638 a year.
- The Median household income of a Ivanhoe resident is $107,917 a year. The US average is $69,021 a year.