Scranton, ND is a small town in North Dakota with a population of approximately 500 people. Despite its small size, it has a great cost of living with 2 bedroom rents costing only $820 compared to the US average of $1,430. Grocery costs are also low at 95 compared to the US index of 100. The area also has some local businesses like Scranton Grain and Supply, which provides farm supplies for residents, and H&H Auto Parts that offers car parts and service to customers. Other local companies include Scranton Tire Store, Arnie's Bakery, and Forks Barber Shop. All of these businesses make it easy for residents to find whatever they need without having to travel too far from home.
Scranton has an unemployment rate of 2.9%. The US average is 6.0%.
Scranton has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.
Tax Rates for Scranton
- The Sales Tax Rate for Scranton is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton 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 Scranton
- The average income of a Scranton resident is $27,263 a year. The US average is $28,555 a year.
- The Median household income of a Scranton resident is $73,438 a year. The US average is $69,021 a year.