Model, ND is a small rural town located in the heart of North Dakota. It is known for its friendly atmosphere and breathtaking countryside views. Despite its size, Model offers many amenities to its residents including shopping centers, restaurants, and other services. Local companies such as Model Hardware & Supply Store offer an extensive selection of tools and supplies for home improvement projects while other small businesses such as Burger Station serve up delicious burgers and shakes. Additionally, the cost of living in Model is quite a bit lower than the US average with two-bedroom rent being about $850 compared to $1,430 nationally. The grocery cost index in Model is also relatively low at 98 compared to 100 in the US. All these amenities make Model a great place to live or visit!
Model has an unemployment rate of 4.6%. The US average is 6.0%.
Model 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 2.6%, which is lower than the US average of 33.5%.
Tax Rates for Model
- The Sales Tax Rate for Model is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Model 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 Model
- The average income of a Model resident is $42,468 a year. The US average is $37,638 a year.
- The Median household income of a Model resident is $0 a year. The US average is $69,021 a year.