Zip 58351 (Minnewaukan, ND) Economy


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United States / North Dakota / No Metro Area / Benson County / Minnewaukan / Minnewaukan (zip 58351)
Minnewaukan, North Dakota is a small town located in Benson County with a population of just over 300 people. The cost of living in Minnewaukan is significantly lower than the U.S. average, with two bedroom rent costing an average of $800 compared to the US average of $1,430, and grocery cost index being 93 versus 100 in the US. In terms of local businesses, there are a few prominent companies operating within Minnewaukan including Minnewaukan Public Schools, Minnewaukan City Hall, and Northern Pride Co-op Credit Union. The area also features an array of restaurants and stores including Country Cafe & Motel, Valley Lumber & Hardware Co., Mamie’s Bar & Grill and more that help make up the local economy.

Minnewaukan (zip 58351) has an unemployment rate of 6.5%. The US average is 6.0%.

Minnewaukan (zip 58351) 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 Minnewaukan (zip 58351)
- The Sales Tax Rate for Minnewaukan (zip 58351) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Minnewaukan (zip 58351) 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 Minnewaukan (zip 58351)
- The average income of a Minnewaukan (zip 58351) resident is $32,545 a year. The US average is $37,638 a year.
- The Median household income of a Minnewaukan (zip 58351) resident is $73,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMinnewaukan, 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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