Souris, ND is a vibrant small town with plenty to offer. Known for its friendly people and laid back atmosphere, it's no wonder why Souris continues to be an attractive option for those seeking a quieter life. Rent in Souris is significantly lower than the US average of $1,430, making it appealing to those on a budget. In terms of groceries, Souris has a Grocery Cost Index that is 93 compared to the US index of 100; meaning groceries here are relatively affordable. Local companies are essential in keeping this town running smoothly, from restaurants such as The Clover Cafe and Grandpa's Corner Store to shops like Main Street Boutique and Poppy & Co General Store. These businesses help keep the economy steady while providing necessary resources to residents.
Souris has an unemployment rate of 7.5%. The US average is 6.0%.
Souris has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.
Tax Rates for Souris
- The Sales Tax Rate for Souris is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Souris 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 Souris
- The average income of a Souris resident is $17,435 a year. The US average is $28,555 a year.
- The Median household income of a Souris resident is $56,250 a year. The US average is $69,021 a year.