Stanley, ND is a small but bustling city with plenty to offer. It is home to a variety of local businesses such as Stanley Hardware and Supply, Stanley Grain Elevator Company, and Stanley Ford Lincoln. These businesses provide residents with access to essential goods and services. Stanley also offers several amenities like parks, recreation centers, libraries, and even a golf course for locals to enjoy. In terms of cost of living, it’s fairly low compared to the rest of the United States. The average 2-bedroom rent is $850 while the US average for the same is $1,430; furthermore, grocery cost index in Stanley is 100 versus 100 in the US making food costs cheaper than most other places in the country. All these factors make Stanley an attractive place for families looking for an affordable lifestyle without sacrificing their quality of life.
Stanley has an unemployment rate of 4.6%. The US average is 6.0%.
Stanley has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 0.1%, which is lower than the US average of 33.5%.
Tax Rates for Stanley
- The Sales Tax Rate for Stanley is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Stanley 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 Stanley
- The average income of a Stanley resident is $34,816 a year. The US average is $28,555 a year.
- The Median household income of a Stanley resident is $97,000 a year. The US average is $69,021 a year.