Zip 58301 (Devils Lake, ND) Economy


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United States / North Dakota / No Metro Area / Ramsey County / Devils Lake / Devils Lake (zip 58301)
Devils Lake, ND 58301 is a small city located in North Dakota with a population of approximately 7,331 people. The average two bedroom rent in the area is $840 per month, significantly lower than the national average of $1,430. Furthermore, the grocery cost index in Devils Lake is 96 compared to 100 at the national level. This makes it a great place to live for those looking for an affordable cost of living. A few local companies in Devils Lake include Northland Ford-Mercury Inc., First International Bank & Trust, and Quality Home Health Care Services. With its low housing costs and grocery prices, Devils Lake is an attractive option for those seeking a cheaper alternative than larger cities such as Bismarck or Fargo.

Devils Lake (zip 58301) has an unemployment rate of 4.3%. The US average is 6.0%.

Devils Lake (zip 58301) has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.

Tax Rates for Devils Lake (zip 58301)
- The Sales Tax Rate for Devils Lake (zip 58301) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Devils Lake (zip 58301) 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 Devils Lake (zip 58301)
- The average income of a Devils Lake (zip 58301) resident is $26,789 a year. The US average is $28,555 a year.
- The Median household income of a Devils Lake (zip 58301) resident is $54,147 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDevils Lake, North DakotaUnited States
  4.36
  -0.9%-6.2%
  16.9%33.5%
  7.3%6.2%
  2.0%4.6%
  $31,357$37,638
  $54,147$69,021
  $78,250$85,028
  Population by Occupation
  6.9%1.2%
  1.2%0.5%
  6.8%6.8%
  2.5%10.0%
  2.7%2.5%
  17.0%11.0%
  2.7%4.8%
  1.0%0.8%
  2.8%1.9%
  4.2%4.7%
  0.8%1.9%
  1.2%7.6%
  0.6%0.1%
  1.7%4.2%
  12.5%9.3%
  16.7%14.0%
  3.3%2.1%
  8.7%7.0%
  2.2%4.8%
  4.6%4.7%
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