Kulm, ND is a small town in North Dakota with a population of just over 800. The cost of living in Kulm is much lower compared to the US average. Rent for a two bedroom apartment is $820, which is nearly half of the US average. The grocery cost index in Kulm is also much lower at 92 versus 100 in the US. Local companies include Kulm Farmers Co-op Elevator, LP Gas, and Thiele Grain Company. There are also several restaurants and convenience stores located around town that provide affordable options for locals. All in all, Kulm is an affordable place to live with plenty of local businesses to shop at and enjoy.
Kulm has an unemployment rate of 2.6%. The US average is 6.0%.
Kulm 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 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Kulm
- The Sales Tax Rate for Kulm is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Kulm 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 Kulm
- The average income of a Kulm resident is $30,608 a year. The US average is $37,638 a year.
- The Median household income of a Kulm resident is $80,417 a year. The US average is $69,021 a year.