Sheridan, ND County is an ideal location for those looking for a more cost effective lifestyle. With rent for 2 bedrooms at $860 per month, it is significantly cheaper than the US average of $1,430. Additionally, Sheridan has a Grocery Cost Index of 92 versus 100 in the US; further indicating lower costs of living in this area. Not only does Sheridan offer residents a lower cost of living, but there are also plenty of local companies providing employment opportunities. These companies include L&L Trucking, J & S Auto Repair, and Dakota Music Center amongst many others. With such low rental rates and an abundance of local businesses, Sheridan is fast becoming a great destination for those looking to settle down.
Sheridan County has an unemployment rate of 7.3%. The US average is 6.0%.
Sheridan County has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Sheridan County
- The Sales Tax Rate for Sheridan County is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Sheridan County 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 Sheridan County
- The average income of a Sheridan County resident is $36,999 a year. The US average is $37,638 a year.
- The Median household income of a Sheridan County resident is $61,125 a year. The US average is $69,021 a year.