Zip 58056 (Luverne, ND) Economy


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United States / North Dakota / No Metro Area / Steele County / No City / Luverne (zip 58056)
The small town of Luverne, ND 58056 is an ideal place to live for those looking for a peaceful and affordable lifestyle. With a 2 bedroom rent of $730 compared to the US average of $1,430, it provides great value for money. Furthermore, the Grocery Cost Index in Luverne is 91 versus 100 in the US making food more affordable. In terms of local companies there are numerous businesses including American Federal Bank, CCI Wireless and Fox Run Golf Course all providing goods and services to the local community.

Luverne (zip 58056) has an unemployment rate of 3.5%. The US average is 6.0%.

Luverne (zip 58056) 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 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Luverne (zip 58056)
- The Sales Tax Rate for Luverne (zip 58056) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Luverne (zip 58056) 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 Luverne (zip 58056)
- The average income of a Luverne (zip 58056) resident is $34,270 a year. The US average is $28,555 a year.
- The Median household income of a Luverne (zip 58056) resident is $29,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLuverne, North DakotaUnited States
  3.56
  -4.5%-6.2%
  29.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $24,989$37,638
  $29,063$69,021
  $67,500$85,028
  Population by Occupation
  61.9%1.2%
  0.0%0.5%
  0.0%6.8%
  4.8%10.0%
  0.0%2.5%
  9.5%11.0%
  0.0%4.8%
  0.0%0.8%
  4.8%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  0.0%9.3%
  19.0%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health