Martin township (Walsh Cnty), ND is a small rural town located in the northeastern part of the state. It is known for its peaceful atmosphere with plenty of open space and friendly locals. The cost of living here is significantly lower than average; 2 bedroom rent in Martin township is only $790 per month compared to the US average of $1,430 per month. Additionally, the Grocery Cost Index in Martin township is 92 versus 100 in the US, making food more affordable for all residents. This makes it an attractive option for those looking to live frugally.
Local company offerings are limited but there are a few local businesses such as Walsh County Grain Co., M & S Implement Inc., and Trout Lake Farm LLC that provide goods and services to residents. These companies are essential parts of the local economy and serve as great resources for anyone living in this area.
Martin township (Walsh County) has an unemployment rate of 5.8%. The US average is 6.0%.
Martin township (Walsh County) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Martin township (Walsh County)
- The Sales Tax Rate for Martin township (Walsh County) is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Martin township (Walsh County) 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 Martin township (Walsh County)
- The average income of a Martin township (Walsh County) resident is $38,306 a year. The US average is $37,638 a year.
- The Median household income of a Martin township (Walsh County) resident is $68,859 a year. The US average is $69,021 a year.