Underwood, ND (58576) is a small town located in McLean County. The median 2 bedroom rent is $850, which is lower than the US average of $1,430 making it an ideal location for budget conscious people seeking affordable housing. Grocery Cost Index in Underwood is slightly lower than that of the US at 97 versus 100 respectively. Companies like D&L Oil Field Services and M & H Construction Inc operate out of Underwood and provide employment opportunities to the local community. Cost of living in Underwood is much more affordable than other locations due to its low rent prices and grocery cost index.
Underwood (zip 58576) has an unemployment rate of 4.9%. The US average is 6.0%.
Underwood (zip 58576) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Underwood (zip 58576)
- The Sales Tax Rate for Underwood (zip 58576) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Underwood (zip 58576) 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 Underwood (zip 58576)
- The average income of a Underwood (zip 58576) resident is $47,232 a year. The US average is $37,638 a year.
- The Median household income of a Underwood (zip 58576) resident is $78,958 a year. The US average is $69,021 a year.