Hope, ND is a small town located in the eastern part of North Dakota with a population of 58046 people. The median two bedroom rent in Hope is $820 which is significantly lower than the US median two bedroom rent of $1,430. Additionally, grocery costs are also cheaper relative to the US with an index score of 94 compared to 100. The low cost of living in Hope makes it a great place for both individuals and families who want to live comfortably and save money on expenses.
The local job market offers various opportunities for employment from big companies like Walmart or American Crystal Sugar Company as well as smaller, locally owned businesses such as Neuman's Hardware & Rental and Wegner Auto Center. Both have been in operation in Hope since the early 1990s and provide a variety of services for the town's residents.
Overall, Hope, ND is a great option for those looking to live comfortably while still having access to various job opportunities and job security at affordable prices. With low rent prices and low grocery costs, Hope provides an excellent opportunity for anyone looking for a place to call home.
Hope (zip 58046) has an unemployment rate of 3.5%. The US average is 6.0%.
Hope (zip 58046) has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Hope (zip 58046)
- The Sales Tax Rate for Hope (zip 58046) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hope (zip 58046) 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 Hope (zip 58046)
- The average income of a Hope (zip 58046) resident is $31,854 a year. The US average is $37,638 a year.
- The Median household income of a Hope (zip 58046) resident is $80,972 a year. The US average is $69,021 a year.