The small town of Makoti, North Dakota (zip code 58756) has a population of only 223 people. Despite its size, it is known for its quaint atmosphere and strong sense of community. Rent prices in the area are quite affordable at $980 per month for a two-bedroom apartment, much lower than the US average of $1,430. Grocery costs in Makoti are also slightly cheaper than the US index, at 97 versus 100 respectively.
As far as employment opportunities go, there is a variety of local businesses in Makoti where one can find work. These include T&K Welding and Fabricating Co., Cactus Creek Gear Outfitters & Market Place, and S&S Family Restaurant & Bar. Compared with other towns of similar size, Makoti's cost of living is quite reasonable and makes it an ideal place to live with a small budget.
Makoti (zip 58756) has an unemployment rate of 6.0%. The US average is 6.0%.
Makoti (zip 58756) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Makoti (zip 58756)
- The Sales Tax Rate for Makoti (zip 58756) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Makoti (zip 58756) 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 Makoti (zip 58756)
- The average income of a Makoti (zip 58756) resident is $23,740 a year. The US average is $28,555 a year.
- The Median household income of a Makoti (zip 58756) resident is $76,667 a year. The US average is $69,021 a year.