New Leipzig, ND is a small town with a friendly and tight-knit community. Despite its small size, there is still plenty to do in New Leipzig! Local companies include D & B Meats, The Farmacy pharmacy, and the Country Corner Restaurant. For those looking for a bit more excitement, tourists can explore the New Leipzig Zoo or take a quick drive to nearby Elgin for some outdoor activities like fishing at Gackle Lake or golfing at Elgin Golf Course! Rent for 2 bedrooms is relatively affordable at $750 compared to the US average of $1,430. Additionally, grocery cost index in New Leipzig comes in cheaper at 93 than the national average of 100. All these factors make it an attractive destination for visitors looking for an all-around great experience!
New Leipzig has an unemployment rate of 3.3%. The US average is 6.0%.
New Leipzig has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 11.4%, which is lower than the US average of 33.5%.
Tax Rates for New Leipzig
- The Sales Tax Rate for New Leipzig is 5.0%. The US average is 7.3%.
- The Income Tax Rate for New Leipzig 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 New Leipzig
- The average income of a New Leipzig resident is $27,114 a year. The US average is $28,555 a year.
- The Median household income of a New Leipzig resident is $51,250 a year. The US average is $69,021 a year.