Zip 58560 (Moffit, ND) Economy


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58560 Moffit, ND is a small rural town located in North Dakota. It is home to a few local businesses such as the Moffit Co-op and the Moffit Market. The town offers affordable rent with 2 bedrooms costing an average of $940 per month. This is much cheaper than the average US rental rate, which stands at $1,430 for two bedrooms. Additionally, grocery costs are also quite low in Moffit with an index of 97 compared to 100 in the US. This makes living in Moffit an attractive option for families on a budget!

Moffit (zip 58560) has an unemployment rate of 4.1%. The US average is 6.0%.

Moffit (zip 58560) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Moffit (zip 58560)
- The Sales Tax Rate for Moffit (zip 58560) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Moffit (zip 58560) 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 Moffit (zip 58560)
- The average income of a Moffit (zip 58560) resident is $39,780 a year. The US average is $37,638 a year.
- The Median household income of a Moffit (zip 58560) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMoffit, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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