Zip 58418 (Bowdon, ND) Economy


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United States / North Dakota / No Metro Area / Wells County / Bowdon / Bowdon (zip 58418)
Bowdon, North Dakota is a small town with a population of 58418 people. It's an affordable place to live, with the average 2 bedroom rent at $730 compared to the US average of $1,430. The grocery cost index in Bowdon is 91 compared to 100 in the US. Small businesses such as Crop Production Services, Joe's BP Amoco Service Station, and Bowdon City Office are popular companies in Bowdon. The climate here is generally warm and sunny during summer months and cold winters with heavy snowfall.

Bowdon (zip 58418) has an unemployment rate of 5.5%. The US average is 6.0%.

Bowdon (zip 58418) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 20.3%, which is lower than the US average of 33.5%.

Tax Rates for Bowdon (zip 58418)
- The Sales Tax Rate for Bowdon (zip 58418) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Bowdon (zip 58418) 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 Bowdon (zip 58418)
- The average income of a Bowdon (zip 58418) resident is $38,625 a year. The US average is $28,555 a year.
- The Median household income of a Bowdon (zip 58418) resident is $50,357 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBowdon, North DakotaUnited States
  5.56
  -0.1%-6.2%
  20.3%33.5%
  5.0%6.2%
  2.0%4.6%
  $56,137$37,638
  $50,357$69,021
Family Median Income 85028
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