Webster, ND Economy


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United States / North Dakota / No Metro Area / Ramsey County / Webster / Zip Codes
Webster, ND is a small town located in the heart of North Dakota. Its population is under 500 people and it is known for its affordable cost of living. The median rent for a two bedroom apartment is only $840 compared to the US average of $1430. In addition, the grocery cost index in Webster is 95 compared to 100 in the US. Despite its size, there are several local companies such as Valley Bistro – a family owned restaurant, A1 Auto Parts – a car repair shop, and SBM Financial Management – an accounting firm that provides financial services to residents. With its low cost of living and many local businesses, Webster remains an attractive option for those looking to live near North Dakota’s great outdoors.

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

Webster has seen the job market decrease by -0.9% 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 Webster
- The Sales Tax Rate for Webster is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Webster 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 Webster
- The average income of a Webster resident is $41,312 a year. The US average is $37,638 a year.
- The Median household income of a Webster resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWebster, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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