McGinnis, ND is a small town with a tight-knit community. It offers friendly neighbors, affordable living, and plenty of local businesses and amenities. Rent for a two bedroom apartment in McGinnis is significantly lower than the national average at only $810 per month. Grocery costs are also much lower than the US average index; McGinnis has an index of 98 whereas the US index is 100. Locally owned businesses in McGinnis include 'The Old Diner', which serves classic American food, as well as 'Country Market' for groceries and essentials. Other amenities include the 'McGinnis City Park', which offers outdoor activities such as soccer fields, playgrounds, and picnic areas. With its range of local stores, restaurants, parks, and low cost of living, McGinnis is an excellent place to live.
McGinnis has an unemployment rate of 4.9%. The US average is 6.0%.
McGinnis has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for McGinnis
- The Sales Tax Rate for McGinnis is 5.0%. The US average is 7.3%.
- The Income Tax Rate for McGinnis 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 McGinnis
- The average income of a McGinnis resident is $28,794 a year. The US average is $37,638 a year.
- The Median household income of a McGinnis resident is $0 a year. The US average is $69,021 a year.