Mylo, North Dakota is a small city located in Nelson County with a population of 58353 according to the 2019 US Census. It has an affordable cost of living compared to other parts of the United States with rent for two bedrooms typically costing $970 per month. Additionally, there is a grocery cost index of 93 versus 100 in the US.
Mylo is home to many local businesses such as Schneider's Quality Meats - providing fresh quality meats for over 80 years, Olsen's Supermarket - providing a variety of groceries and services since 1969, and Mylo Feed & Supply - helping farmers with their feed needs since 1979. These companies offer competitive prices due to the relatively low cost of living in Mylo. People who move here find that they can enjoy all the amenities they need at an affordable price.
Mylo (zip 58353) has an unemployment rate of 13.1%. The US average is 6.0%.
Mylo (zip 58353) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 10.8%, which is lower than the US average of 33.5%.
Tax Rates for Mylo (zip 58353)
- The Sales Tax Rate for Mylo (zip 58353) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Mylo (zip 58353) 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 Mylo (zip 58353)
- The average income of a Mylo (zip 58353) resident is $44,360 a year. The US average is $28,555 a year.
- The Median household income of a Mylo (zip 58353) resident is $71,250 a year. The US average is $69,021 a year.