Twin Valley, ND is an ideal location for those looking for a comfortable, rural lifestyle with a low cost of living. The average rent for a two-bedroom apartment is $1,020 per month compared to the national average of $1,430. Grocery prices in the area are also relatively low at 101 compared to the US index of 100. Twin Valley offers its residents several locally owned businesses, which include a hardware store, pharmacy, gas station and more. The area has plenty of options for outdoor recreation as well including camping sites and hiking trails. All in all, Twin Valley is an excellent choice for those looking for a small-town atmosphere with affordable living costs.
Twin Valley has an unemployment rate of 7.8%. The US average is 6.0%.
Twin Valley has seen the job market decrease by -16.0% over the last year. Future job growth over the next ten years is predicted to be 11.0%, which is lower than the US average of 33.5%.
Tax Rates for Twin Valley
- The Sales Tax Rate for Twin Valley is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Twin Valley 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 Twin Valley
- The average income of a Twin Valley resident is $21,634 a year. The US average is $37,638 a year.
- The Median household income of a Twin Valley resident is $0 a year. The US average is $69,021 a year.