Carpio, ND is a small town located in the West of North Dakota. With a population of 58725 people, it's an ideal spot for those looking for a quiet and peaceful way of life. The rent for a two-bedroom apartment in Carpio is surprisingly low compared to other parts of the country at $1,010 per month. Additionally, grocery costs are significantly lower than the national index with an index score of 95 versus 100 in the US.
The local economy of Carpio is mainly focused on farming and agriculture. There are also several small businesses such as local stores, cafes, restaurants, bars and hairdressers that provide employment opportunities to the local population. Some larger companies that have a presence in Carpio include John Deere, Swift Air Cargo and RDO Equipment Co. All three companies offer quality goods and services to customers within the Carpio area as well as providing employment opportunities to the local community.
Carpio (zip 58725) has an unemployment rate of 6.0%. The US average is 6.0%.
Carpio (zip 58725) has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 11.1%, which is lower than the US average of 33.5%.
Tax Rates for Carpio (zip 58725)
- The Sales Tax Rate for Carpio (zip 58725) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Carpio (zip 58725) 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 Carpio (zip 58725)
- The average income of a Carpio (zip 58725) resident is $39,324 a year. The US average is $37,638 a year.
- The Median household income of a Carpio (zip 58725) resident is $87,500 a year. The US average is $69,021 a year.