Ryder, ND Economy


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Ryder, ND is a small rural town located in the northwestern part of the state. It is home to a variety of local businesses, including Bob's Auto Repair, Ryder Family Market, and Anderson Farms. The median age in Ryder is 36 years old, with approximately 30% of the population under the age of 18. Despite its rural location, cost of living in Ryder is relatively affordable. The average two-bedroom rental costs $1,000 per month – $430 less than the national average – and groceries are slightly cheaper too at 94 on the index. Additionally, there are plenty of outdoor activities for residents to enjoy such as camping, fishing, or hiking at nearby parks.

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

Ryder has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.

Tax Rates for Ryder
- The Sales Tax Rate for Ryder is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Ryder 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 Ryder
- The average income of a Ryder resident is $38,267 a year. The US average is $37,638 a year.
- The Median household income of a Ryder resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRyder, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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