Drayton, North Dakota is a small city with a population of 58225 people. With an affordable cost of living, residents enjoy two-bedroom rents for around $730 and a grocery cost index at 93 versus 100 in the US. Commonly known companies in Drayton are American Crystal Sugar Company, the Drayton Public School District, and Drayton Insurance Agency. Many amenities are still cost-effective in Drayton such as gas for about $2.29 per gallon, utilities at $113 a month, internet access for around $50 dollars a month or less depending on usage and speed, and restaurant meals costing around $13. For those wanting to own their homes, home prices remain low at about $130k for the median sale price of 3 bedrooms. All this combined makes Drayton an attractive place to live where individuals can have a comfortable life while saving money.
Drayton (zip 58225) has an unemployment rate of 5.9%. The US average is 6.0%.
Drayton (zip 58225) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 15.3%, which is lower than the US average of 33.5%.
Tax Rates for Drayton (zip 58225)
- The Sales Tax Rate for Drayton (zip 58225) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Drayton (zip 58225) 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 Drayton (zip 58225)
- The average income of a Drayton (zip 58225) resident is $29,992 a year. The US average is $28,555 a year.
- The Median household income of a Drayton (zip 58225) resident is $71,375 a year. The US average is $69,021 a year.