Marmarth, ND is a small town located in North Dakota that offers its residents an affordable cost of living. The 2 bedroom rent in Marmarth is approximately $770 per month while the national average for 2 bedrooms is about $1,430. Additionally, the grocery cost index in Marmarth is 90 versus 100 in the US. This low cost of living makes it a great place to live and work.
Marmarth has numerous local companies such as Chapman’s Petroleum Inc., which distributes fuel to local businesses and nearby communities; Marmarth Coop Elevator Co., which provides grain storage and market insight services; Thunderdome Motorsports, which sells ATVs and snowmobiles; and Hightopps Steakhouse & Saloon, which serves up delicious steaks and other dishes. Each of these companies provide valuable services to the community of Marmarth.
Marmarth has an unemployment rate of 3.1%. The US average is 6.0%.
Marmarth has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 1.0%, which is lower than the US average of 33.5%.
Tax Rates for Marmarth
- The Sales Tax Rate for Marmarth is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Marmarth 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 Marmarth
- The average income of a Marmarth resident is $34,364 a year. The US average is $37,638 a year.
- The Median household income of a Marmarth resident is $54,375 a year. The US average is $69,021 a year.