Riggin, ND is a small town with a population of about 600 people. It's situated on the border of North Dakota and Minnesota, making it an ideal location for those looking for a quiet escape from the hustle and bustle of city life. The cost of living in Riggin is quite low, with two bedroom rent averaging at $830 compared to $1,430 in the US. Grocery costs are also very reasonable, with a grocery cost index in Riggin at 93 versus 100 in the US.
One thing that sets Riggin apart from its neighboring towns is its vibrant business district. Local companies like K&K Hardware Store and Valley Drug & Gift Shop offer residents an array of services and goods. For those who love the outdoors, there are plenty of opportunities to explore nearby parks and recreation areas. With its low cost of living and wide variety of businesses, it's no wonder that Riggin has become such a popular destination for those looking to settle down in North Dakota.
Riggin has an unemployment rate of 6.5%. The US average is 6.0%.
Riggin has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 5.5%, which is lower than the US average of 33.5%.
Tax Rates for Riggin
- The Sales Tax Rate for Riggin is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Riggin is 2.0%. The US average is 4.6%.
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Income and Salaries for Riggin
- The average income of a Riggin resident is $25,484 a year. The US average is $37,638 a year.
- The Median household income of a Riggin resident is $91,042 a year. The US average is $69,021 a year.