Van Hook, ND is a small city located in North Dakota with a population of around 400 people. It is known for its affordability, with rent for two-bedroom houses averaging $810 per month. This is much lower than the US average of $1,430 per month. Additionally, the local Grocery Cost Index is 99 versus 100 in the US, making food and other grocery items more affordable in Van Hook compared to the rest of the country. The area also has several businesses that contribute to its economy such as Van Hook Grocery Store and Van Hook Pharmacy. Those looking to move to Van Hook will find that there are some great savings on other costs of living such as taxes and entertainment.
Van Hook has an unemployment rate of 4.6%. The US average is 6.0%.
Van Hook has seen the job market decrease by -10.9% over the last year. Future job growth over the next ten years is predicted to be 3.4%, which is lower than the US average of 33.5%.
Tax Rates for Van Hook
- The Sales Tax Rate for Van Hook is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Van Hook 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 Van Hook
- The average income of a Van Hook resident is $44,703 a year. The US average is $37,638 a year.
- The Median household income of a Van Hook resident is $95,417 a year. The US average is $69,021 a year.