Grand Forks, North Dakota is a great place to live. In the city of 58202 Grand Forks, ND the average 2 Bedroom rent is $890 which is much lower than the national average of $1,430. The cost of groceries in this area index is 98 versus 100 in the US. This makes it an affordable place to live for residents. There are plenty of businesses located around Grand Forks such as Walmart supercenter, Alerus Financial Corporation, and M&H Gas Station. These companies offer employment opportunities as well as products and services for residents. Overall, Grand Forks is an affordable place to live with plenty of local companies that provide important needs for its residents.
Grand Forks (zip 58202) has an unemployment rate of 3.8%. The US average is 6.0%.
Grand Forks (zip 58202) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Grand Forks (zip 58202)
- The Sales Tax Rate for Grand Forks (zip 58202) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Grand Forks (zip 58202) 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 Grand Forks (zip 58202)
- The average income of a Grand Forks (zip 58202) resident is $6,764 a year. The US average is $37,638 a year.
- The Median household income of a Grand Forks (zip 58202) resident is $25,547 a year. The US average is $69,021 a year.