Zip 58057 (Mcleod, ND) Economy


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58057 Mcleod, ND is a small town with an estimated population of 253 people. It is located in the southeastern corner of the state. The average 2 Bedroom Rent in Mcleod is $820 which is significantly lower than the US average of $1430. Grocery Cost Index for this area is 92 versus 100 in the US making it an affordable place to live. There are several local businesses here, including M&M Trucking and JD's Corner Store. These companies have been in existence since 2002 and provide valuable services to the town of Mcleod. Other businesses here include Pappy's Pizza, McLeod Veterinary Clinic and Main Street Insurance Agency among others. All of these businesses contribute to the economy of McLeod as well as providing needed services to its residents.

Mcleod (zip 58057) has an unemployment rate of 3.5%. The US average is 6.0%.

Mcleod (zip 58057) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Mcleod (zip 58057)
- The Sales Tax Rate for Mcleod (zip 58057) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Mcleod (zip 58057) 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 Mcleod (zip 58057)
- The average income of a Mcleod (zip 58057) resident is $38,878 a year. The US average is $28,555 a year.
- The Median household income of a Mcleod (zip 58057) resident is $77,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcleod, North DakotaUnited States
  3.56
  -2.5%-6.2%
  25.1%33.5%
  5.0%6.2%
  2.0%4.6%
  $47,968$37,638
  $77,083$69,021
  $96,625$85,028
  Population by Occupation
  39.9%1.2%
  0.0%0.5%
  7.2%6.8%
  0.0%10.0%
  2.2%2.5%
  4.3%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  21.0%9.3%
  22.5%14.0%
  0.0%2.1%
  0.0%7.0%
  2.9%4.8%
  0.0%4.7%
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