Zip 58301 (Devils Lake, ND) Economy


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United States / North Dakota / No Metro Area / Ramsey County / Devils Lake / Devils Lake (zip 58301)
Devils Lake, ND 58301 is a small city located in North Dakota with a population of approximately 7,331 people. The average two bedroom rent in the area is $840 per month, significantly lower than the national average of $1,430. Furthermore, the grocery cost index in Devils Lake is 96 compared to 100 at the national level. This makes it a great place to live for those looking for an affordable cost of living. A few local companies in Devils Lake include Northland Ford-Mercury Inc., First International Bank & Trust, and Quality Home Health Care Services. With its low housing costs and grocery prices, Devils Lake is an attractive option for those seeking a cheaper alternative than larger cities such as Bismarck or Fargo.

Devils Lake (zip 58301) has an unemployment rate of 4.3%. The US average is 6.0%.

Devils Lake (zip 58301) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.9%, which is lower than the US average of 33.5%.

Tax Rates for Devils Lake (zip 58301)
- The Sales Tax Rate for Devils Lake (zip 58301) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Devils Lake (zip 58301) 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 Devils Lake (zip 58301)
- The average income of a Devils Lake (zip 58301) resident is $31,357 a year. The US average is $37,638 a year.
- The Median household income of a Devils Lake (zip 58301) resident is $54,147 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDevils Lake, North DakotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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