The small town of 58250 Lankin, ND is a charming locale with plenty of family-owned businesses. Some local companies that are popular among the locals are Lankin Hardware, which offer a wide range of tools and supplies at competitive prices, and the Lankin Home Center, which provides excellent customer service and home decorating ideas. Additionally, there is the Lankin Family Grocery Store which offers fresh produce and grocery items for great prices.
When it comes to cost of living in 58250 Lankin, ND versus the US averages it's quite favorable. The 2 bedroom rent in this area is $760 compared to US average of $1,430—a savings of nearly 50%. Likewise the Grocery Cost Index in 58250 Lankin is 92 compared to 100 in the US. These lower costs make it an ideal place for families looking for an affordable home away from the hustle and bustle of city life.
Lankin (zip 58250) has an unemployment rate of 5.8%. The US average is 6.0%.
Lankin (zip 58250) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.
Tax Rates for Lankin (zip 58250)
- The Sales Tax Rate for Lankin (zip 58250) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Lankin (zip 58250) 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 Lankin (zip 58250)
- The average income of a Lankin (zip 58250) resident is $49,622 a year. The US average is $28,555 a year.
- The Median household income of a Lankin (zip 58250) resident is $62,500 a year. The US average is $69,021 a year.