Zip 58011 (Buffalo, ND) Economy


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58011 Buffalo, ND is an affordable place to live. The average 2 bedroom rent in this area is $840 which is significantly lower than the US average of $1,430. Furthermore, groceries cost 97 index points in Buffalo versus 100 points nationwide, making it a great place for those who are looking to save on their expenses. Local businesses in 58011 Buffalo include shops like Buffalo Variety Store and farmers markets such as Little Missouri Farmers Market that offer fresh fruits and vegetables at a lower cost. Overall, living in 58011 Buffalo can be quite economical when compared to living elsewhere in the US due to its low cost of living.

Buffalo (zip 58011) has an unemployment rate of 3.8%. The US average is 6.0%.

Buffalo (zip 58011) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.

Tax Rates for Buffalo (zip 58011)
- The Sales Tax Rate for Buffalo (zip 58011) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Buffalo (zip 58011) 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 Buffalo (zip 58011)
- The average income of a Buffalo (zip 58011) resident is $34,515 a year. The US average is $28,555 a year.
- The Median household income of a Buffalo (zip 58011) resident is $81,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBuffalo, North DakotaUnited States
  3.86
  -1.5%-6.2%
  39.3%33.5%
  5.5%6.2%
  2.0%4.6%
  $36,128$37,638
  $81,563$69,021
  $86,985$85,028
  Population by Occupation
  38.6%1.2%
  0.0%0.5%
  3.8%6.8%
  2.5%10.0%
  3.8%2.5%
  7.6%11.0%
  12.7%4.8%
  0.0%0.8%
  0.0%1.9%
  7.6%4.7%
  0.4%1.9%
  0.0%7.6%
  0.0%0.1%
  0.4%4.2%
  8.5%9.3%
  6.4%14.0%
  0.0%2.1%
  2.5%7.0%
  4.2%4.8%
  0.8%4.7%
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