Zip 58251 (Larimore, ND) Economy


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58251 Larimore, ND is a small town situated in Grand Forks County with a population of 1,133 people according to the 2019 census. The 2 bedroom rent in this area averages around $840, which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Larimore is 98 compared to 100 for the US on average. Local businesses in 58251 Larimore include businesses such as the Larimore Corner Store which offers a variety of grocery items and general merchandise, and Larson Supply Company which provides plumbing supplies and home improvement products. Other local companies include Precision Auto Repair, Penny's Performance Center, The Mint Bar & Grill, and Badlands Veterinary Clinic.

Larimore (zip 58251) has an unemployment rate of 4.0%. The US average is 6.0%.

Larimore (zip 58251) has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 33.1%, which is lower than the US average of 33.5%.

Tax Rates for Larimore (zip 58251)
- The Sales Tax Rate for Larimore (zip 58251) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Larimore (zip 58251) 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 Larimore (zip 58251)
- The average income of a Larimore (zip 58251) resident is $24,024 a year. The US average is $28,555 a year.
- The Median household income of a Larimore (zip 58251) resident is $75,962 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLarimore, North DakotaUnited States
  46
  -4.7%-6.2%
  33.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $40,339$37,638
  $75,962$69,021
  $81,458$85,028
  Population by Occupation
  4.3%1.2%
  1.0%0.5%
  9.2%6.8%
  8.9%10.0%
  1.9%2.5%
  10.8%11.0%
  6.6%4.8%
  0.0%0.8%
  0.7%1.9%
  5.9%4.7%
  3.3%1.9%
  6.3%7.6%
  0.0%0.1%
  0.6%4.2%
  8.6%9.3%
  15.5%14.0%
  0.5%2.1%
  3.0%7.0%
  5.4%4.8%
  7.4%4.7%
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