56176 Trimont, MN is a charming small town nestled in the rolling hills of Martin County. The town has an estimated population of 650 people and offers a peaceful atmosphere for those looking to escape the hustle and bustle of city life. The average two bedroom rent in this area is $850, slightly lower than the US average of $1430. In addition, the grocery cost index here is 93 compared to 100 in the US.
The town has a variety of local businesses that serve the community. Among them are Trimont True Value Hardware store where locals can get all their hardware needs taken care of, Gislason Implement which provides farm equipment and services, and D&J Dairy where residents can buy fresh local milk and other products. There are also several local cafes, restaurants, and stores offering goods for sale. These local companies provide employment opportunities to residents as well as help to enrich the economic prosperity of the town.
Trimont (zip 56176) has an unemployment rate of 4.3%. The US average is 6.0%.
Trimont (zip 56176) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Trimont (zip 56176)
- The Sales Tax Rate for Trimont (zip 56176) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Trimont (zip 56176) 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 Trimont (zip 56176)
- The average income of a Trimont (zip 56176) resident is $26,514 a year. The US average is $28,555 a year.
- The Median household income of a Trimont (zip 56176) resident is $62,344 a year. The US average is $69,021 a year.