Zip 58381 (Warwick, ND) Economy


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United States / North Dakota / No Metro Area / Benson County / Warwick / Warwick (zip 58381)
58381 Warwick, ND is a small rural town located in the Midwest United States. The estimated population of this area is just under 500 people. The cost of living here is relatively low compared to other areas in the US; 2 bedroom rent averages at $830 per month which is significantly lower than the national average of $1,430. Residents also benefit from an index score of 94 on the Grocery Cost Index which is slightly lower than the US index score of 100.
Warwick's local economy relies heavily on agriculture and oil production to drive its growth. Local companies such as Sanders Oilfield Services LLC provide services related to oil drilling and natural gas exploration while Dakota Flag Seed Inc offers quality wheat seed and agronomic support for farmers in the area. Additionally, there are several small shops and restaurants that cater to residents in Warwick and nearby towns.
Overall, the economic outlook for 58381 Warwick, ND looks positive with various industries providing employment opportunities for both long-term residents and newcomers alike. With low cost of living and plenty of resources available locally, it makes a great place to settle down or simply visit for a few days.

Warwick (zip 58381) has an unemployment rate of 6.5%. The US average is 6.0%.

Warwick (zip 58381) has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 5.5%, which is lower than the US average of 33.5%.

Tax Rates for Warwick (zip 58381)
- The Sales Tax Rate for Warwick (zip 58381) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Warwick (zip 58381) 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 Warwick (zip 58381)
- The average income of a Warwick (zip 58381) resident is $37,735 a year. The US average is $28,555 a year.
- The Median household income of a Warwick (zip 58381) resident is $80,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWarwick, North DakotaUnited States
  6.56
  -1.6%-6.2%
  5.5%33.5%
  5.0%6.2%
  2.0%4.6%
  $45,478$37,638
  $80,313$69,021
  $92,500$85,028
  Population by Occupation
  17.0%1.2%
  0.0%0.5%
  1.1%6.8%
  1.6%10.0%
  3.2%2.5%
  16.0%11.0%
  1.6%4.8%
  13.3%0.8%
  0.0%1.9%
  2.7%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  2.1%4.2%
  16.0%9.3%
  11.2%14.0%
  4.3%2.1%
  4.8%7.0%
  0.0%4.8%
  4.3%4.7%
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