Zip 58068 (Sheldon, ND) Economy


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United States / North Dakota / No Metro Area / Ransom County / Sheldon / Sheldon (zip 58068)
Sheldon, ND is a small town located in North Dakota with a population of 58068 people. The 2 bedroom rent in Sheldon is $960 which is much lower than the US average of $1,430. Grocery Cost Index in Sheldon sits at 95 compared to the US average of 100 making it one of the most affordable places to live in the country. There are several local companies around such as BankWest, First State Bank, and Main Street Cafe offering employment opportunities for locals and visitors. With a low cost of living overall and plenty of job opportunities, Sheldon is an attractive place for those looking for affordability and stability.

Sheldon (zip 58068) has an unemployment rate of 3.0%. The US average is 6.0%.

Sheldon (zip 58068) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Sheldon (zip 58068)
- The Sales Tax Rate for Sheldon (zip 58068) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Sheldon (zip 58068) 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 Sheldon (zip 58068)
- The average income of a Sheldon (zip 58068) resident is $24,935 a year. The US average is $28,555 a year.
- The Median household income of a Sheldon (zip 58068) resident is $71,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheldon, North DakotaUnited States
  36
  -0.9%-6.2%
  29.6%33.5%
  5.0%6.2%
  2.0%4.6%
  $29,206$37,638
  $71,250$69,021
  $71,711$85,028
  Population by Occupation
  37.3%1.2%
  0.0%0.5%
  7.5%6.8%
  6.6%10.0%
  3.8%2.5%
  11.8%11.0%
  0.9%4.8%
  0.9%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  7.5%7.6%
  0.0%0.1%
  0.0%4.2%
  4.7%9.3%
  16.0%14.0%
  0.5%2.1%
  1.4%7.0%
  0.9%4.8%
  0.0%4.7%
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