Ludden, ND is a small town located in the north-west of the US. It is home to a variety of local companies such as Ludden Manufacturing, Ludden's Bakery, and Ludden Farm Supplies. The cost of living in this area is considerably lower than the national average. For example, 2 bedroom rent is $810 compared to the US average of $1,430. Additionally, groceries cost 93 index points compared to 100 index points nationally. This makes it an ideal place for people looking to save money while still enjoying all the amenities that this town has to offer. Residents here can enjoy plenty of outdoor activities such as hiking and fishing as well as access to shops and restaurants. All in all, living in Ludden provides a great balance between affordability and quality of life.
Ludden has an unemployment rate of 3.2%. The US average is 6.0%.
Ludden has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Ludden
- The Sales Tax Rate for Ludden is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ludden 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 Ludden
- The average income of a Ludden resident is $31,345 a year. The US average is $28,555 a year.
- The Median household income of a Ludden resident is $100,250 a year. The US average is $69,021 a year.