Triumph, ND Economy


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United States / North Dakota / No Metro Area / Ramsey County / Triumph / Zip Codes
Triumph, ND is a small town located in the eastern part of the state. It offers affordable living with plenty of amenities. The average rent for a two bedroom apartment in Triumph is $730, a fraction of the national average of $1,430. Grocery prices are also much lower at 91 compared to 100 in the US. There are several local companies in Triumph that provide employment opportunities such as Triumph Transport and L&D Farms. Living in Triumph is more affordable than the US as a whole and offers a peaceful atmosphere for raising a family or retirement.

Triumph has an unemployment rate of 4.3%. The US average is 6.0%.

Triumph 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 Triumph
- The Sales Tax Rate for Triumph is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Triumph 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 Triumph
- The average income of a Triumph resident is $20,965 a year. The US average is $28,555 a year.
- The Median household income of a Triumph resident is $68,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTriumph, North DakotaUnited States
  4.36
  -0.9%-6.2%
  16.9%33.5%
  5.0%6.2%
  2.0%4.6%
  $28,144$37,638
  $68,750$69,021
  $75,313$85,028
  Population by Occupation
  28.2%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  0.0%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  10.3%9.3%
  7.7%14.0%
  0.0%2.1%
  0.0%7.0%
  53.8%4.8%
  0.0%4.7%
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