Mott, ND Economy


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Mott, ND is a small town located in North Dakota with great amenities and a relaxed lifestyle. While the population is not available, the cost of living in Mott is quite low with a 2-bedroom rental averaging at $910 compared to the national average of $1430. The grocery cost index in Mott stands at 93 while it's 100 nationally; this implies that groceries are relatively cheaper in Mott than they are elsewhere. There are several local businesses including Miller Welding & Machine Co, City Repair Shop, and Beulah Lumber Company which all offer services at competitive prices. All these factors make Mott an ideal place to live for those on a budget or looking for a relaxing atmosphere.

Mott has an unemployment rate of 4.4%. The US average is 6.0%.

Mott has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.

Tax Rates for Mott
- The Sales Tax Rate for Mott is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Mott 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 Mott
- The average income of a Mott resident is $29,502 a year. The US average is $37,638 a year.
- The Median household income of a Mott resident is $45,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMott, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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