Zip 58523 (Beulah, ND) Economy


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United States / North Dakota / No Metro Area / Mercer County / Beulah / Beulah (zip 58523)
Beulah, North Dakota is a small town located in Mercer County with a population of 2,099 according to the 2010 census. The cost of living is quite low compared to other parts of the US, with two bedroom rent at $950 per month. Grocery costs are also lower than the national average, as measured by an index of 99 versus 100 for the rest of the US. The economy in Beulah is mainly driven by agricultural production and other industries such as energy production. Local companies include high-tech innovative companies such as National Energy Services and agricultural businesses like Grazing Systems Inc. There are plenty of affordable activities to do in Beulah, such as visiting the local historical center or exploring one of many nearby parks or outdoor recreation areas.

Beulah (zip 58523) has an unemployment rate of 6.2%. The US average is 6.0%.

Beulah (zip 58523) has seen the job market decrease by -4.1% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Beulah (zip 58523)
- The Sales Tax Rate for Beulah (zip 58523) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Beulah (zip 58523) 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 Beulah (zip 58523)
- The average income of a Beulah (zip 58523) resident is $32,818 a year. The US average is $28,555 a year.
- The Median household income of a Beulah (zip 58523) resident is $78,967 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeulah, North DakotaUnited States
  6.26
  -2.4%-6.2%
  25.7%33.5%
  7.0%6.2%
  2.0%4.6%
  $37,103$37,638
  $78,967$69,021
  $110,071$85,028
  Population by Occupation
  2.1%1.2%
  13.2%0.5%
  5.4%6.8%
  4.6%10.0%
  2.5%2.5%
  8.8%11.0%
  2.8%4.8%
  4.2%0.8%
  0.9%1.9%
  6.4%4.7%
  0.8%1.9%
  2.8%7.6%
  0.0%0.1%
  1.3%4.2%
  6.8%9.3%
  14.1%14.0%
  0.3%2.1%
  12.0%7.0%
  5.8%4.8%
  5.5%4.7%
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