Rich, ND is a small town located in North Dakota with a population of around 500 people. The rent for a two-bedroom apartment is lower than the average for the United States at $870 per month compared to $1,430. Additionally, grocery costs are more affordable in Rich as the cost index is 93 versus 100 in the US.
The town of Rich offers its residents a variety of services and amenities including food stores such as D&B Grocery Store and Red Ox Market which offer fresh produce and other necessities. There are several restaurants in Rich such as Young’s Cafe and Rob’s Bar & Grill where locals can go to enjoy good food in a relaxed atmosphere. Other businesses include O'Hara's Auto Repair and B & B Hardware providing quality services to the community residents.
Rich has an unemployment rate of 3.8%. The US average is 6.0%.
Rich has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Rich
- The Sales Tax Rate for Rich is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Rich 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 Rich
- The average income of a Rich resident is $32,352 a year. The US average is $28,555 a year.
- The Median household income of a Rich resident is $110,417 a year. The US average is $69,021 a year.