Regent, ND is a small town located in the Midwest. The population of Regent is relatively small with a population estimated at under 500 people. Despite its size, the city offers its residents a range of amenities including local stores such as the Regent Grocery Store, Dollar General and Farmers Co-op. In addition to these stores, rent for two bedroom apartments in the city are significantly lower than the national average coming in at around $930 compared to $1,430 nationally while the Grocery Cost Index is 94 versus 100 in the US. Other cost of living factors such as utility costs are found to be more affordable than average when compared to other cities and towns across America.
Regent has an unemployment rate of 4.4%. The US average is 6.0%.
Regent has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Regent
- The Sales Tax Rate for Regent is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Regent 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 Regent
- The average income of a Regent resident is $33,687 a year. The US average is $28,555 a year.
- The Median household income of a Regent resident is $61,691 a year. The US average is $69,021 a year.