Lehr, North Dakota is a small town located in the Eddy County with a population of 584. This area is an excellent place to live due to its low cost of living compared to other areas in the US. The average 2 bedroom rent price in Lehr is $730 which is significantly cheaper than the national average of $1,430. Additionally, the Grocery Cost Index in Lehr is 91 compared to 100 nationally.
The local economy in Lehr largely revolves around agriculture and its various associated industries such as agri-business and grain production. There are also many family-owned businesses located here including Anderson Building Center and Home Hardware, both offering hardware, building supplies, furniture and much more. Other local companies in this small town include Lehr Family Food Center, Ace Hardware & Lumber, and Farmer’s Union Oil Co-op which provide essential goods for the community of Lehr.
Overall, Lehr has an incredibly low cost of living and it offers citizens many opportunities for employment within its local economy. With its affordable housing, grocery costs that are below national averages along with multiple businesses serving the community’s needs, this small rural town provides an ideal option for those looking for a place to call home.
Lehr (zip 58460) has an unemployment rate of 4.3%. The US average is 6.0%.
Lehr (zip 58460) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 23.4%, which is lower than the US average of 33.5%.
Tax Rates for Lehr (zip 58460)
- The Sales Tax Rate for Lehr (zip 58460) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Lehr (zip 58460) 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 Lehr (zip 58460)
- The average income of a Lehr (zip 58460) resident is $35,818 a year. The US average is $28,555 a year.
- The Median household income of a Lehr (zip 58460) resident is $53,438 a year. The US average is $69,021 a year.