Medina, ND is a town that offers a high quality of living without the same cost of living as larger cities. The average two-bedroom rent in Medina, ND is $820 compared to the US average of $1,430. Additionally, grocery costs are lower with an index of 93 versus 100 in the US. Local companies include Medina Grain and Livestock Co., D & S Feeds, Reule Farms Inc., and Heritage Feed Services. These businesses provide services and products for the local community. Overall, Medina, ND provides a great quality of life at an affordable price while still having access to essential goods and services provided by local companies.
Medina has an unemployment rate of 4.0%. The US average is 6.0%.
Medina has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Medina
- The Sales Tax Rate for Medina is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Medina 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 Medina
- The average income of a Medina resident is $21,180 a year. The US average is $28,555 a year.
- The Median household income of a Medina resident is $50,625 a year. The US average is $69,021 a year.