New Rockford, ND, is a small town located in North Dakota. It is known for its affordability and good quality of life. The cost of rent for two bedroom apartments is much lower in New Rockford than the US average at $1150 per month compared to $1430 nationwide. Grocery prices are also inexpensive when compared to the US with an index of 93 versus 100 nationally. Some local companies include Rockford Feed & Grain, M&M Auto Repair, and Uptown Cafe & Bakery.
New Rockford has an unemployment rate of 5.3%. The US average is 6.0%.
New Rockford has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for New Rockford
- The Sales Tax Rate for New Rockford is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Rockford 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 Rockford
- The average income of a New Rockford resident is $29,234 a year. The US average is $37,638 a year.
- The Median household income of a New Rockford resident is $35,595 a year. The US average is $69,021 a year.