Jim River Valley, ND is a great place to live for those who want to save money. With an average two bedroom rent of just $830, it is much lower than the US average of $1,430. When it comes to groceries, the cost index in Jim River Valley is 98 compared to 100 in the US – meaning that items are slightly cheaper. The area holds a variety of local companies and industries, including agricultural businesses like Potato King Farms and Art's Grain Farm, as well as manufacturing firms such as Crestview Electronics and Johnson Steelworks. There are also several start-ups in the tech sector such as QuietTech Solutions and Clearwater Software. No matter which job field you are interested in, Jim River Valley has something for everyone!
Jim River Valley has an unemployment rate of 4.0%. The US average is 6.0%.
Jim River Valley has seen the job market decrease by -0.3% 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 Jim River Valley
- The Sales Tax Rate for Jim River Valley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Jim River 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 Jim River Valley
- The average income of a Jim River Valley resident is $11,288 a year. The US average is $37,638 a year.
- The Median household income of a Jim River Valley resident is $6,409 a year. The US average is $69,021 a year.