58703 Minot, ND is a great spot to live for those who are looking for affordable rent. The 2 bedroom rent in this area is $580, which is significantly lower than the US average of $1,430. Grocery cost index in 58703 Minot, ND is also lower than the US average at 100, according to Expatistan. People looking for work in this area have plenty of options as there are many local companies such as Basin Electric Power Cooperative, McDonald's Corporation, Trinity Health System and 3M Company that offer great job opportunities.
Minot (zip 58703) has an unemployment rate of 5.9%. The US average is 6.0%.
Minot (zip 58703) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 11.5%, which is lower than the US average of 33.5%.
Tax Rates for Minot (zip 58703)
- The Sales Tax Rate for Minot (zip 58703) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Minot (zip 58703) 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 Minot (zip 58703)
- The average income of a Minot (zip 58703) resident is $32,136 a year. The US average is $28,555 a year.
- The Median household income of a Minot (zip 58703) resident is $74,087 a year. The US average is $69,021 a year.