58716 Benedict, ND is a great place to live and work due to its affordable rent and lower cost of living. Two bedroom apartments in the area can be rented for around $830 per month which is significantly lower than the national average of $1,430 per month. The grocery cost index in Benedict is 96 versus 100 in the US making it an even more attractive place to live.
In terms of employment, locals have plenty of options when it comes to finding work with companies such as Tom’s Auto Body, High Line Meat Company, and Schiele Inc located close by.
Residents of 58716 Benedict will also find many amenities nearby including local shopping centers like Starbuck Plaza Shopping Center and public parks such as Stone Park for outdoor recreational activities. There are also multiple restaurants and bars located within walking distance so that it’s easy to explore the area's nightlife.
Benedict (zip 58716) has an unemployment rate of 4.9%. The US average is 6.0%.
Benedict (zip 58716) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Benedict (zip 58716)
- The Sales Tax Rate for Benedict (zip 58716) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Benedict (zip 58716) 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 Benedict (zip 58716)
- The average income of a Benedict (zip 58716) resident is $21,838 a year. The US average is $28,555 a year.
- The Median household income of a Benedict (zip 58716) resident is $53,785 a year. The US average is $69,021 a year.