Foster County, ND Economy


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United States / North Dakota / No Metro Area / Foster County / Cities / Zip Codes
Foster, ND County is a great place to live and work. With an average two bedroom rent of only $830, it is significantly lower than the rest of the US. The cost of groceries is also lower in Foster, ND County with a grocery cost index of 94 as opposed to 100 in the US. Local companies in Foster, ND County include Thompson Plumbing Services, Valley View Farms Dairy and Floral Design Artistry. These businesses offer goods and services that are essential to sustaining the local economy.

Foster County has an unemployment rate of 3.1%. The US average is 6.0%.

Foster County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Foster County
- The Sales Tax Rate for Foster County is 6.6%. The US average is 7.3%.
- The Income Tax Rate for Foster 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 Foster County
- The average income of a Foster County resident is $38,175 a year. The US average is $37,638 a year.
- The Median household income of a Foster County resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFoster, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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