Steele, ND County is a small midwestern county with a population of approximately 4,000 people. The 2 bedroom rent in Steele is $830, while the US average 2 Bedroom Rent is $1,430. In addition to this cost of living advantage, grocery costs in Steele are around 93 compared to 100 in the US. \nThe economy of Steele County is primarily based on agriculture and manufacturing. Companies such as Prairie Pride Seed Research, Great Plains Ag Systems and North Central Implement provide employment opportunities for locals. Other local businesses include SDN Communications, M&R Manufacturing and Grooters Motorsports.
Steele County has an unemployment rate of 3.5%. The US average is 6.0%.
Steele County has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Steele County
- The Sales Tax Rate for Steele County is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Steele 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 Steele County
- The average income of a Steele County resident is $38,170 a year. The US average is $37,638 a year.
- The Median household income of a Steele County resident is $81,354 a year. The US average is $69,021 a year.