58790 Velva, ND is a small town in North Dakota with an estimated population of 804 people. The cost of living in the city is relatively low, with the average 2 bedroom rent being $830 compared to the US national average of $1,430. Even lower are the grocery costs index in Velva which stands at 98 against US' 100.
Local businesses include B & D Services LLC which offers vehicle re pairs and maintenance services while other popular companies include Leintz Construction for home improvement services and Geraets Farms for agricultural products. Local attractions include public parks like Albertson Park and Lostwood National Wildlife Refuge where visitors can enjoy outdoor activities like fishing and bird watching.
Velva (zip 58790) has an unemployment rate of 6.8%. The US average is 6.0%.
Velva (zip 58790) 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 Velva (zip 58790)
- The Sales Tax Rate for Velva (zip 58790) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Velva (zip 58790) 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 Velva (zip 58790)
- The average income of a Velva (zip 58790) resident is $32,845 a year. The US average is $37,638 a year.
- The Median household income of a Velva (zip 58790) resident is $68,603 a year. The US average is $69,021 a year.