Chisholm, MN is a small town located in Itasca county. The population of Chisholm is estimated to be around 5,000 people. The cost of living in this area is very affordable, with 2 Bedroom rents being approximately $830 per month and Grocery Cost Index at 91. Notable local businesses in Chisholm include Community First Bank, Endres Manufacturing Co., MFC Industries Inc., Veit-Chisholm Airport, and J&K Trucking.
Chisholm has an unemployment rate of 4.8%. The US average is 6.0%.
Chisholm has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Chisholm
- The Sales Tax Rate for Chisholm is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Chisholm 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 Chisholm
- The average income of a Chisholm resident is $35,966 a year. The US average is $37,638 a year.
- The Median household income of a Chisholm resident is $46,478 a year. The US average is $69,021 a year.