Van Meter, ND is a small town located in the southeast part of North Dakota with a population of just over 300 residents. Despite its small size, Van Meter offers many great amenities to its residents including several local businesses such as Ace Hardware, The Corner Pub & Grill, and Super Mart Grocery Store. This small community also features excellent schools for children and a safe environment to raise a family. Additionally, the cost of living in Van Meter is very low compared to other areas in the United States. For example, rent for a two bedroom home averages around $820 per month while it is much higher elsewhere ($1,430). Additionally, the grocery cost index in Van Meter stands at 91 compared to 100 nationally. Therefore, Van Meter is an excellent option for those looking for an affordable place to live that still has access to all necessary amenities.
Van Meter has an unemployment rate of 3.2%. The US average is 6.0%.
Van Meter has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 18.3%, which is lower than the US average of 33.5%.
Tax Rates for Van Meter
- The Sales Tax Rate for Van Meter is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Van Meter 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 Meter
- The average income of a Van Meter resident is $40,477 a year. The US average is $37,638 a year.
- The Median household income of a Van Meter resident is $158,571 a year. The US average is $69,021 a year.