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 -1.9% 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 $20,155 a year. The US average is $28,555 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
  5.36
  -0.8%-6.2%
  27.8%33.5%
  5.5%6.2%
  2.0%4.6%
  $32,158$37,638
  $81,188$69,021
  $93,750$85,028
  Population by Occupation
  25.0%1.2%
  0.0%0.5%
  13.6%6.8%
  0.7%10.0%
  0.0%2.5%
  13.6%11.0%
  3.6%4.8%
  0.0%0.8%
  0.0%1.9%
  5.7%4.7%
  0.0%1.9%
  1.4%7.6%
  0.0%0.1%
  0.0%4.2%
  29.3%9.3%
  2.1%14.0%
  0.0%2.1%
  2.1%7.0%
  0.0%4.8%
  2.9%4.7%
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