Perth, ND Economy


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United States / North Dakota / No Metro Area / Towner County / Perth / Zip Codes
Perth, ND is a small city located in North Dakota. This city provides its residents with easy access to amenities such as schools, medical care, shopping centers, and recreation areas. The cost of living in Perth is quite low compared to other cities in the US. The average two bedroom rent is only $840 per month, while the US average for a 2 bedroom apartment is $1,430 per month. Additionally, the grocery cost index in Perth is 91 versus 100 in the US; therefore groceries tend to be more affordable here than other parts of the country. There are several local companies that contribute to the economy of Perth such as KL Falconer Inc., Joy Landscaping & Tree Service LLC., and Cenex Harvest States Cooperative - Agronomy Division; among many others. All these businesses provide great services and products to both local people and tourists visiting Perth. Overall, there are numerous reasons why it’s worth considering relocating or visiting Perth as its low cost of living makes it an attractive place to stay for any budget-conscious individual.

Perth has an unemployment rate of 4.2%. The US average is 6.0%.

Perth has seen the job market decrease by -10.0% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.

Tax Rates for Perth
- The Sales Tax Rate for Perth is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Perth 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 Perth
- The average income of a Perth resident is $20,860 a year. The US average is $28,555 a year.
- The Median household income of a Perth resident is $145,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPerth, North DakotaUnited States
  4.26
  1.0%-6.2%
  5.3%33.5%
  5.0%6.2%
  2.0%4.6%
  $54,786$37,638
  $145,625$69,021
  $145,625$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  21.4%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  50.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  14.3%9.3%
  0.0%14.0%
  0.0%2.1%
  0.0%7.0%
  14.3%4.8%
  0.0%4.7%
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