Buchanan North Dakota is a relatively small town with an estimated population of 58420. It is located in the northeastern part of the state. The cost of living in this area is very affordable, with 2 bedroom rent costing around $820 per month. The grocery cost index is also comparable to the US average at 100. This makes it an ideal place to live for those looking for affordable housing and basic necessities.
Local amenities include businesses such as D&D Motorcycle Sales & Repairs, Buchanan Community Hall, and Cenex Convenience Store. There are also plenty of parks and outdoor areas to explore, making it a great place for families and outdoor enthusiasts alike. With its low cost of living and access to amenities, Buchanan North Dakota provides an excellent place for people looking for a more relaxed lifestyle while still being close enough to larger cities.
Buchanan (zip 58420) has an unemployment rate of 4.0%. The US average is 6.0%.
Buchanan (zip 58420) has seen the job market decrease by -1.8% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Buchanan (zip 58420)
- The Sales Tax Rate for Buchanan (zip 58420) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Buchanan (zip 58420) 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 Buchanan (zip 58420)
- The average income of a Buchanan (zip 58420) resident is $45,604 a year. The US average is $28,555 a year.
- The Median household income of a Buchanan (zip 58420) resident is $81,250 a year. The US average is $69,021 a year.