The small city of Little Falls, MN (ZIP code 56345) is an affordable place to live. The median rent for a two-bedroom apartment is $850, significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Little Falls is 97 versus 100 in the US, making it a great choice for those looking to save on food costs.
Some popular local companies in Little Falls include B & B Manufacturing Co., Central Minnesota Credit Union, and Floors Galore - Tile & Stone. Grocery stores located in Little Falls include Coborn's Superstore, Oak Street Market and Family Dollar. With all these options for living and shopping locally at an affordable price, Little Falls is the perfect place for anyone looking for a quality lifestyle without breaking the bank.
Little Falls (zip 56345) has an unemployment rate of 7.1%. The US average is 6.0%.
Little Falls (zip 56345) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Little Falls (zip 56345)
- The Sales Tax Rate for Little Falls (zip 56345) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Little Falls (zip 56345) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Little Falls (zip 56345)
- The average income of a Little Falls (zip 56345) resident is $24,037 a year. The US average is $28,555 a year.
- The Median household income of a Little Falls (zip 56345) resident is $53,294 a year. The US average is $69,021 a year.