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Palermo, ND Economy
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United States
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North Dakota
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Mountrail County
/ Palermo /
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Palermo, ND is a small yet vibrant city located in the eastern part of North Dakota. It offers a great quality of life for its citizens and visitors alike. The city is known for its diverse range of businesses and attractions, from local eateries to the Palermo Museum and historic cemetery. Residents can benefit from low rental costs with an average two bedroom rent being just $850 compared to $1,430 across the US. Grocery costs are also lower than the national average index at 98 versus 100 in the US. There are many local shops and restaurants available in Palermo including J&B Deli, Steever Café and Market Square Pizza. For outdoor activities there are plenty of parks such as Palermo Park and Wildflower Park to explore as well as nearby fishing spots on Lake Sakakawea. With plenty of activities to choose from, Palermo is an excellent place to live or visit – no matter what you’re looking for!
Income by Population Percent
Economy
Palermo, North Dakota
United States
Unemployment Rate
4.6
6
Recent Job Growth
-10.9%
-6.2%
Future Job Growth
0.2%
33.5%
Sales Taxes
5.0%
6.2%
Income Tax
2.0%
4.6%
Income per Cap.
$28,491
$37,638
Household Income
69021
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