58736 Drake, ND is a small town located in North Dakota. It has an estimated population of around 1,000 people and offers stunning views of the beautiful countryside. Rent for a two-bedroom apartment in the area is typically $750 per month, which is much less expensive than the national average of $1,430. Additionally, the Grocery Cost Index in Drake is 91 compared to 100 in the US.
Drake has several local companies that serve the community such as River City Auto Repair, B&B Landscaping Services and G&R Masonry Inc. There are also several restaurants in town such as The Pit Stop Diner and Pizza Place Plus. For grocery shopping, locals turn to Super Save Foods conveniently located on Main Street. This store offers a wide selection of fresh produce, frozen foods and other household items at very competitive prices.
Drake (zip 58736) has an unemployment rate of 6.8%. The US average is 6.0%.
Drake (zip 58736) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Drake (zip 58736)
- The Sales Tax Rate for Drake (zip 58736) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Drake (zip 58736) 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 Drake (zip 58736)
- The average income of a Drake (zip 58736) resident is $29,072 a year. The US average is $37,638 a year.
- The Median household income of a Drake (zip 58736) resident is $59,643 a year. The US average is $69,021 a year.