Zip 58783 (Souris, ND) Economy


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United States / North Dakota / No Metro Area / Bottineau County / No City / Souris (zip 58783)
The small town of 58783 Souris, ND is home to only around 800 people. Despite its size, it offers a great quality of life for those who call it home. The cost of living in this town is quite low with an average 2 bedroom rental costing just $850. This is significantly lower than the US average of $1,430. Groceries are also much cheaper than the US average; in fact, the Grocery Cost Index here is 93 compared to 100 in the US.
There are a few local companies that help keep this small town alive. The Pizza Ranch located on Main Street offers delicious pizza and other Italian specialties at reasonable prices. For people looking for work, Wil-Rich Manufacturing Co., Inc., which specializes in tractors and agriculture equipment manufacturing offers job opportunities for locals. There's also Laney's Love A Pet Store which provides pet food and supplies at great prices so locals can take good care of their furry companions without breaking the bank.

Souris (zip 58783) has an unemployment rate of 7.5%. The US average is 6.0%.

Souris (zip 58783) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 12.7%, which is lower than the US average of 33.5%.

Tax Rates for Souris (zip 58783)
- The Sales Tax Rate for Souris (zip 58783) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Souris (zip 58783) 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 Souris (zip 58783)
- The average income of a Souris (zip 58783) resident is $31,532 a year. The US average is $28,555 a year.
- The Median household income of a Souris (zip 58783) resident is $77,031 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouris, North DakotaUnited States
  7.56
  -2.4%-6.2%
  12.7%33.5%
  5.0%6.2%
  2.0%4.6%
  $54,765$37,638
  $77,031$69,021
  $111,250$85,028
  Population by Occupation
  16.3%1.2%
  0.0%0.5%
  9.1%6.8%
  3.3%10.0%
  7.7%2.5%
  7.7%11.0%
  9.1%4.8%
  0.5%0.8%
  0.0%1.9%
  0.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  2.4%4.2%
  23.0%9.3%
  6.7%14.0%
  3.8%2.1%
  2.9%7.0%
  6.2%4.8%
  1.0%4.7%
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