Zip 58570 (Solen, ND) Economy


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Solen, ND (58570) is a small town located in the North Dakota region of the United States. It has an estimated population of only 40 people making it one of the smallest cities in the state. The median rent for a two bedroom apartment here is $1,080 which is much lower than the US average of $1430. Furthermore, the grocery cost index in Solen is 94 compared to 100 elsewhere in the US. This makes living expenses even more affordable for those who call this city home.
Some local companies that serve Solen include Big Sky Farms, which produces GMO-free crops and sells them locally; J&L Taxidermy which specializes in deer, elk, bear and other animals; D&D Electric offering electrical repair services to local residents; and Blythe Insurance Agency providing comprehensive insurance policies to suit all needs. All these businesses offer competitive prices with excellent customer service to ensure that all citizens are well taken care of.

Solen (zip 58570) has an unemployment rate of 3.2%. The US average is 6.0%.

Solen (zip 58570) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.

Tax Rates for Solen (zip 58570)
- The Sales Tax Rate for Solen (zip 58570) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Solen (zip 58570) 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 Solen (zip 58570)
- The average income of a Solen (zip 58570) resident is $29,182 a year. The US average is $28,555 a year.
- The Median household income of a Solen (zip 58570) resident is $64,722 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySolen, North DakotaUnited States
  3.26
  -0.5%-6.2%
  26.1%33.5%
  5.5%6.2%
  2.0%4.6%
  $30,269$37,638
  $64,722$69,021
  $84,167$85,028
  Population by Occupation
  30.1%1.2%
  0.0%0.5%
  2.1%6.8%
  5.1%10.0%
  2.1%2.5%
  8.1%11.0%
  3.8%4.8%
  0.0%0.8%
  0.0%1.9%
  1.7%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  9.3%9.3%
  10.6%14.0%
  8.5%2.1%
  0.0%7.0%
  1.7%4.8%
  16.9%4.7%
Health