McGahan, ND is a small city located in North Dakota that is home to a growing community of residents. The cost of living in McGahan is significantly lower than the US average and it has an affordable 2 bedroom rent rate of $990 compared to the national average of $1,430. Additionally, grocery costs are generally lower than the US index with the McGahan Grocery Cost Index being 99 versus 100 for the US. The town is also home to several local businesses, such as McGahan’s Auto Repair, Hansen Hardware Store, and McNeil’s Dry Cleaners. These companies provide residents with convenient access to quality services within their community.
McGahan has an unemployment rate of 4.6%. The US average is 6.0%.
McGahan has seen the job market decrease by -10.9% over the last year. Future job growth over the next ten years is predicted to be 0.8%, which is lower than the US average of 33.5%.
Tax Rates for McGahan
- The Sales Tax Rate for McGahan is 5.0%. The US average is 7.3%.
- The Income Tax Rate for McGahan 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 McGahan
- The average income of a McGahan resident is $34,657 a year. The US average is $37,638 a year.
- The Median household income of a McGahan resident is $81,806 a year. The US average is $69,021 a year.