Pekin, ND is a small rural town located in North Dakota's Barnes County. This area is known for its natural beauty with its rolling hills and open plains. The cost of living is fairly low in Pekin with the average two bedroom rent being only $820 compared to the US average of $1,430. Additionally, the grocery cost index in Pekin is 93, which is lower than the national index of 100. To support its local economy, there are many small businesses such as D&M Motorsports, Pekin Hardware Store, and S&S Grocery Store. There are also churches and schools located throughout the community. Other services available to residents include a library, post office, banks, and restaurants.
Pekin has an unemployment rate of 5.5%. The US average is 6.0%.
Pekin 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 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Pekin
- The Sales Tax Rate for Pekin is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Pekin 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 Pekin
- The average income of a Pekin resident is $19,508 a year. The US average is $28,555 a year.
- The Median household income of a Pekin resident is $58,750 a year. The US average is $69,021 a year.