Truax, ND is a small town with a variety of attractions. With an estimated population of just over 1,000 people, it is a great place to settle down and start a family. The rent for 2 bedroom apartments in Truax is about $1,050, which is much lower than the US average rent of $1,430. Furthermore, grocery costs in Truax are more affordable than the national average at 101 versus 100. \nFor those looking for employment in Truax they can find many local businesses that are always looking for new employees. Some of these companies include Wold Engineering Inc., Heartland State Bank, and Bismarck Chronicle Ltd. In addition to these businesses there are also many recreational activities around Truax, such as hiking trails along the Missouri River and Lake Tschida for fishing and swimming. All in all, Truax is an ideal small town that has something to offer everyone!
Truax has an unemployment rate of 9.0%. The US average is 6.0%.
Truax has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 0.8%, which is lower than the US average of 33.5%.
Tax Rates for Truax
- The Sales Tax Rate for Truax is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Truax 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 Truax
- The average income of a Truax resident is $29,252 a year. The US average is $28,555 a year.
- The Median household income of a Truax resident is $162,292 a year. The US average is $69,021 a year.