Royal, ND is a small town that offers affordable living for those looking to move and settle down. With an average two bedroom rent of $780 compared to the US average of $1,430, Royal makes for a much more cost effective choice. Grocery costs in Royal are also quite reasonable with the index at 91 compared to 100 throughout the US. The local area provides plenty of recreational activities such as skiing, snowmobiling, hiking, fishing and camping. In terms of employment opportunities, there are several local companies in Royal such as North Dakota Wheat Growers, Horizon Resources Corporation, and Farmers Union Oil Company that offer competitive salaries and benefits.
Royal has an unemployment rate of 4.3%. The US average is 6.0%.
Royal has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.
Tax Rates for Royal
- The Sales Tax Rate for Royal is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Royal 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 Royal
- The average income of a Royal resident is $30,671 a year. The US average is $28,555 a year.
- The Median household income of a Royal resident is $77,500 a year. The US average is $69,021 a year.