58712 Balfour, ND is a small town in North Dakota with a population of just 77. Located close to Devils Lake, there are plenty of opportunities for outdoor recreation as well as local businesses. The average 2 bedroom rent in 58712 Balfour is $740 which is significantly lower than the US average of $1,430. Grocery costs are also much lower here with an index of 94 versus 100 nationally. \nLocal businesses for 58712 Balfour include Lakeshore Cafe & Bar which offers classic homestyle cooking, Devils Lake Marina and Marine which provides boating supplies and services, and the Holt Family Fun Center which offers arcade games and mini golf.
Balfour (zip 58712) has an unemployment rate of 6.8%. The US average is 6.0%.
Balfour (zip 58712) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Balfour (zip 58712)
- The Sales Tax Rate for Balfour (zip 58712) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Balfour (zip 58712) 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 Balfour (zip 58712)
- The average income of a Balfour (zip 58712) resident is $27,854 a year. The US average is $28,555 a year.
- The Median household income of a Balfour (zip 58712) resident is $53,750 a year. The US average is $69,021 a year.