South Minnewaukan, ND is a small town located in Benson County with a great quality of life. It is known for its low cost of living, with 2 bedroom rent averaging at $820 compared to a national rate of $1,430. Additionally, the grocery cost index is 96 when compared to 100 in the US. There are many local businesses in the area such as Ace Hardware, North Dakota Farm Bureau Insurance Agency, and Stromberger Construction providing residents with various employment opportunities. The job market in South Minnewaukan is quite strong as many of these local companies have been growing steadily over the years. People looking to move to this quaint town will be able to find a steady job and enjoy all that this community has to offer.
South Minnewaukan has an unemployment rate of 4.3%. The US average is 6.0%.
South Minnewaukan 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 South Minnewaukan
- The Sales Tax Rate for South Minnewaukan is 7.0%. The US average is 7.3%.
- The Income Tax Rate for South Minnewaukan 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 South Minnewaukan
- The average income of a South Minnewaukan resident is $31,334 a year. The US average is $28,555 a year.
- The Median household income of a South Minnewaukan resident is $88,173 a year. The US average is $69,021 a year.