New Rockford, ND is a small town with a population of 1,581 people. The cost of living here is relatively low with 2 bedroom rents at $1,170 and the grocery cost index 93 compared to 100 in the US. Despite its size, New Rockford offers plenty of opportunities for employment with local businesses like Beulah Machinery & Implement Co., Cenex Harvest States, and Dakota Growers Pasta Company. Additionally, there are many service-based businesses such as O'Connor Insurance Agency and K&K Electric Inc. to meet the needs of residents. These businesses provide reliable employment options for people who choose to live in New Rockford.
New Rockford (zip 58356) has an unemployment rate of 5.3%. The US average is 6.0%.
New Rockford (zip 58356) has seen the job market decrease by -1.8% 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 New Rockford (zip 58356)
- The Sales Tax Rate for New Rockford (zip 58356) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Rockford (zip 58356) 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 New Rockford (zip 58356)
- The average income of a New Rockford (zip 58356) resident is $30,244 a year. The US average is $37,638 a year.
- The Median household income of a New Rockford (zip 58356) resident is $40,446 a year. The US average is $69,021 a year.