Zip 58520 (Almont, ND) Economy


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Almont, ND 58520 is a small town located in the southern part of North Dakota. The population of Almont is approximately 430 people. The city offers a low cost of living with 2 bedroom rent being only $820 and a Grocery Cost Index of 96 compared to the U.S. average of 100. Local companies include the Almont Co-op Store, which is a one-stop shop for many needs including groceries, hardware, and other household items. Other businesses in Almont are A-1 Automotive Repair, as well as DeKoehn's Bar & Grill which is a popular spot for locals to enjoy delicious food and drinks while socializing with friends and family.

Almont (zip 58520) has an unemployment rate of 5.3%. The US average is 6.0%.

Almont (zip 58520) has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 27.8%, which is lower than the US average of 33.5%.

Tax Rates for Almont (zip 58520)
- The Sales Tax Rate for Almont (zip 58520) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Almont (zip 58520) 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 Almont (zip 58520)
- The average income of a Almont (zip 58520) resident is $32,158 a year. The US average is $37,638 a year.
- The Median household income of a Almont (zip 58520) resident is $81,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlmont, 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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