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Melvin, ND Economy
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United States
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North Dakota
/ No Metro Area /
Nelson County
/ Melvin /
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Melvin, ND is a small town located in the heart of North Dakota. The cost of living is relatively low and the median rent for a two bedroom apartment is $840 which is significantly lower than the US average of $1,430. The grocery cost index in Melvin, ND is 93 compared to 100 in the US. This makes it an attractive place to live for those looking to save money on their monthly costs. There are several local companies in Melvin such as Dakota Manufacturing Inc., DK Wells Inc., and A&J Custom Farming that provide employment opportunities to residents.
Income by Population Percent
Economy
Melvin, North Dakota
United States
Unemployment Rate
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6
Recent Job Growth
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-6.2%
Future Job Growth
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33.5%
Sales Taxes
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6.2%
Income Tax
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4.6%
Income per Cap.
37638
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