St. Thomas, ND is a small town located in the Northern part of the state. It offers residents an affordable cost of living with two bedroom rental prices being only $750, significantly lower than the national average of $1,430. Additionally, groceries are relatively cheaper than the US average with a grocery cost index of 91 versus 100. The community has several local businesses such as St Thomas Co-Op Grocery, Jiffy Mart Convenience Store and Jack's Tires & Repair Shop. There are also several places to explore outdoors such as Lake LaMoure County Park, Valley City State Park and Sheyenne National Grassland. Overall, St. Thomas provides its residents with an affordable living coupled with plenty of attractions to explore.
St. Thomas has an unemployment rate of 5.9%. The US average is 6.0%.
St. Thomas has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for St. Thomas
- The Sales Tax Rate for St. Thomas is 5.0%. The US average is 7.3%.
- The Income Tax Rate for St. Thomas 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 St. Thomas
- The average income of a St. Thomas resident is $39,917 a year. The US average is $37,638 a year.
- The Median household income of a St. Thomas resident is $74,583 a year. The US average is $69,021 a year.