Stanton, ND is an ideal location for families looking to move due to its low cost of living. The average 2-bedroom rent in the area is only $990 compared to the national average of $1,430. Additionally, the local grocery cost index in Stanton is 96 versus 100 in the US. This makes it easy to get more for your money when it comes to groceries. The city provides a great quality of life and has some wonderful local companies such as Old North State Industries, S & W Real Estate and Lazy Acres Country Store that locals love patronizing.
Stanton has an unemployment rate of 6.2%. The US average is 6.0%.
Stanton has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Stanton
- The Sales Tax Rate for Stanton is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Stanton 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 Stanton
- The average income of a Stanton resident is $27,375 a year. The US average is $28,555 a year.
- The Median household income of a Stanton resident is $43,333 a year. The US average is $69,021 a year.