McKinney, ND is a small city located in North Dakota known for its lower cost of living compared to some other US cities. The two bedroom rent rate in McKinney is $880 per month as compared to the US average of $1,430, making it an attractive option for budget conscious renters. Groceries are also relatively cheaper in McKinney with a grocery cost index of 93 versus 100 in the US. With this lower cost of living, McKinney provides an ideal place for singles and families alike to live and work.
Some local companies based in McKinney, ND include Johnson Brothers Trucking Inc., TMI Hospitality LLC., Gold Mark Real Estate Group LLC., and MVA Financial Services Inc. Additionally, there are several major chain stores located throughout the city that offer job opportunities like Walmart Supercenter and Target.
McKinney has an unemployment rate of 4.3%. The US average is 6.0%.
McKinney has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 15.0%, which is lower than the US average of 33.5%.
Tax Rates for McKinney
- The Sales Tax Rate for McKinney is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McKinney 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 McKinney
- The average income of a McKinney resident is $36,812 a year. The US average is $37,638 a year.
- The Median household income of a McKinney resident is $0 a year. The US average is $69,021 a year.