58788 Towner, ND is a small town with a population of around 500 people. It offers a low cost of living compared to many other cities in the US, which is evident by the 2 bedroom rent rate of $840 per month and grocery cost index of 93 compared to 100 in the US.
The town provides all the facilities necessary for day-to-day life. Major local companies include Towner Bakery & Coffee, Towner Pizza & Pasta, Mill Creek Tire Center, and Woodland's Hardware Store. Additionally, there are several small stores that provide essentials such as clothing and household items at reasonable prices. All these factors combine to make 58788 Towner an attractive option for those looking for an affordable place to call home.
Towner (zip 58788) has an unemployment rate of 6.8%. The US average is 6.0%.
Towner (zip 58788) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Towner (zip 58788)
- The Sales Tax Rate for Towner (zip 58788) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Towner (zip 58788) 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 Towner (zip 58788)
- The average income of a Towner (zip 58788) resident is $41,081 a year. The US average is $37,638 a year.
- The Median household income of a Towner (zip 58788) resident is $53,456 a year. The US average is $69,021 a year.