Zip 58651 (Rhame, ND) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / North Dakota / No Metro Area / Bowman County / Rhame / Rhame (zip 58651)
58651 Rhame, ND is a small town with a population of around 371 people. It is located in the southwestern portion of North Dakota and is known for its stunning natural beauty and abundance of outdoor recreational opportunities. The 2 bedroom rent in 58651 Rhame is $850 which is much less than the US average of $1,430. Additionally, grocery cost index in 58651 Rhame is 94 versus 100 in the US making it more affordable to live there than many other locations.
The local economy is mainly composed of farming and ranching operations as well as some small businesses such as a bookstore, café, retail store, bank and mechanic shop. There are also several educational institutions in the area offering classes at all levels of instruction from pre-school through college level courses.
Living in 58651 Rhame has both advantages and disadvantages. On one hand, it offers a peaceful rural lifestyle surrounded by nature but on the other hand may be too isolated for some people who need access to more amenities or crave a more active nightlife scene. The cost of living is attractive however due to its remote location jobs can be hard to come by forcing residents to commute great distances for work or higher education opportunities.

Rhame (zip 58651) has an unemployment rate of 2.9%. The US average is 6.0%.

Rhame (zip 58651) has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 2.6%, which is lower than the US average of 33.5%.

Tax Rates for Rhame (zip 58651)
- The Sales Tax Rate for Rhame (zip 58651) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Rhame (zip 58651) 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 Rhame (zip 58651)
- The average income of a Rhame (zip 58651) resident is $50,404 a year. The US average is $28,555 a year.
- The Median household income of a Rhame (zip 58651) resident is $93,776 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRhame, North DakotaUnited States
  2.96
  -6.2%-6.2%
  2.6%33.5%
  5.0%6.2%
  2.0%4.6%
  $48,707$37,638
  $93,776$69,021
  $94,444$85,028
  Population by Occupation
  43.4%1.2%
  19.1%0.5%
  2.3%6.8%
  3.5%10.0%
  2.3%2.5%
  10.2%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.9%4.2%
  3.9%9.3%
  7.4%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health