Harwood, North Dakota is a small town located in Grand Forks County with a population of 513 people. It is known for its peaceful atmosphere and rural landscape. The 2 bedroom rent in Harwood is $1,400, which is slightly lower than the US average at $1,430 per month. Additionally, the Grocery Cost Index (GPI) in Harwood is 101 versus 100 in the US; meaning that goods may be slightly less expensive here than elsewhere.
Local companies providing essential services to Harwood residents include Jordahl Construction Inc., New Heights Credit Union, and Hjelle Oilfield Services. Jordahl Construction provides professional contracting services ranging from general construction to concrete work; while New Heights Credit Union serves as an adaptable banking resource available to local citizens. Finally Hjelle Oilfield Services offers oil production solutions for businesses throughout Grand Forks County and beyond.
In summary, Harwood is a small North Dakota town offering relaxed vibes at an affordable price. With great local resources like Jordahl Construction Inc., New Heights Credit Union and Hjelle Oilfield Services, it’s no wonder this area has become so popular among young families looking for their next home. Renting a two-bedroom apartment remains relatively low compared to the rest of the country, making it an attractive choice for budget conscious tenants seeking quality of life without breaking the bank.
Harwood (zip 58042) has an unemployment rate of 3.8%. The US average is 6.0%.
Harwood (zip 58042) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.
Tax Rates for Harwood (zip 58042)
- The Sales Tax Rate for Harwood (zip 58042) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Harwood (zip 58042) 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 Harwood (zip 58042)
- The average income of a Harwood (zip 58042) resident is $33,562 a year. The US average is $28,555 a year.
- The Median household income of a Harwood (zip 58042) resident is $115,938 a year. The US average is $69,021 a year.