Redby, MN is a small town with a population of 56670. Rent for two-bedroom apartments is $1,060 compared to the US average of $1,430. People in Redby can also benefit from lower grocery costs as the Grocery Cost Index in Redby is 91 versus the national average of 100. As such, Redby offers an excellent cost of living for its residents.
The community features numerous locally owned businesses that provide products and services to its residents. Examples include Lueken's Village Foods located in nearby Bemidji where people can buy groceries, Tombstone Pizza for takeout orders or dine-in options, and Headwaters' Sports Center which provides sporting goods and gear. Additionally, there are many other small businesses that serve as good sources for employment opportunities in Redby.
Altogether, Redby is a great place to live due to its smaller population size, lower rental costs than the national average, and more affordable grocery prices along with various local businesses that provide job opportunities for residents.
Redby (zip 56670) has an unemployment rate of 5.1%. The US average is 6.0%.
Redby (zip 56670) has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Redby (zip 56670)
- The Sales Tax Rate for Redby (zip 56670) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Redby (zip 56670) 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 Redby (zip 56670)
- The average income of a Redby (zip 56670) resident is $10,770 a year. The US average is $28,555 a year.
- The Median household income of a Redby (zip 56670) resident is $41,379 a year. The US average is $69,021 a year.