Zip 58845 (Grenora, ND) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Grenora, North Dakota is a small rural town with a population of 58845. It is known for its low costs of living which make it well suited for those who want a peaceful and inexpensive lifestyle. The 2 bedroom rent in Grenora is $1,050, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Grenora is 97 compared to 100 in the US.
Local businesses in Grenora offer a variety of products and services that cater to both local and tourist residents alike. For instance, R & J Manufacturing Co. provides custom-made metal fabrication services to businesses and homes, while Great Plains Ag Supply offers agricultural supplies such as fertilizers, insecticides, herbicides and seeds. Customers can also find home goods items at Raymond's Supermarket or get auto repairs from D & H Automotive Repair. With these local businesses serving its population, Grenora provides its residents with quality goods and services that fit their budget needs.

Grenora (zip 58845) has an unemployment rate of 9.0%. The US average is 6.0%.

Grenora (zip 58845) has seen the job market decrease by -14.6% over the last year. Future job growth over the next ten years is predicted to be 0.9%, which is lower than the US average of 33.5%.

Tax Rates for Grenora (zip 58845)
- The Sales Tax Rate for Grenora (zip 58845) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Grenora (zip 58845) 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 Grenora (zip 58845)
- The average income of a Grenora (zip 58845) resident is $38,515 a year. The US average is $37,638 a year.
- The Median household income of a Grenora (zip 58845) resident is $81,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrenora, 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%
    Unlock0.5%
    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%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.