Randolph, ND is a small town located in the north-central part of the state. It has a population of about 1,000 people and an area of 2.3 square miles. Despite its small size, Randolph is a thriving community with many amenities available for its residents. The average 2 bedroom rent in Randolph is $1,340 per month which is slightly cheaper than the national average of $1,430. Additionally, the Grocery Cost Index in Randolph is 101 versus 100 in the US, making groceries more affordable for locals.
There are many local companies that call Randolph home including two convenience stores – Lyle's Conoco Gas & Grocery and Cenex Convenience Store; Family Dollar Store; three restaurants – Rocky's Diner, Hudson Cafe & Pub and Bob's Big Burger Bar; two automotive repair shops – Eddy's Auto Repair and J&J Automotive Services; an animal hospital – North Central Veterinary Hospital; and a heating & cooling company – Bergerson Refrigeration Inc. With such a wide variety of businesses to choose from, it’s no wonder why so many people choose to live in Randolph.
Randolph has an unemployment rate of 7.8%. The US average is 6.0%.
Randolph has seen the job market decrease by -16.0% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.
Tax Rates for Randolph
- The Sales Tax Rate for Randolph is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Randolph 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 Randolph
- The average income of a Randolph resident is $24,578 a year. The US average is $37,638 a year.
- The Median household income of a Randolph resident is $0 a year. The US average is $69,021 a year.