Zip 58541 (Golden Valley, ND) Economy


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United States / North Dakota / No Metro Area / Mercer County / Golden Valley / Golden Valley (zip 58541)
58541 Golden Valley, ND is a small city located in the southwestern region of North Dakota. It is known for its rich agriculture and rolling hills.The city has a population of 2,052 people and the median household income is $44,450. The average cost of rent for a two bedroom apartment is $980, much lower than the US average of $1,430. Grocery cost index in the area stands at 93 compared to 100 in the US.
The city offers plenty of job opportunities with major companies like Walmart, CHS Inc., and Ziegler CAT located nearby. There are numerous restaurants within 58541 Golden Valley such as The Rocking Horse Diner which serves delicious home cooked meals or if you’re looking for a quick bite there's also McDonalds. Locals head to grocery stores such as Cash Wise Foods or SuperValu for their weekly grocery needs.

Golden Valley (zip 58541) has an unemployment rate of 6.2%. The US average is 6.0%.

Golden Valley (zip 58541) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Golden Valley (zip 58541)
- The Sales Tax Rate for Golden Valley (zip 58541) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Golden Valley (zip 58541) 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 Golden Valley (zip 58541)
- The average income of a Golden Valley (zip 58541) resident is $29,659 a year. The US average is $37,638 a year.
- The Median household income of a Golden Valley (zip 58541) resident is $66,719 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGolden Valley, 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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