55703 Angora, MN is located in northern Minnesota and is a great place to live! It is home to several local businesses, including the Angora Trading Post, Northern Tier Lumber Company, and North Star Electric. The area also has a number of amenities such as scenic hiking trails, snowmobiling trails, fishing spots, and more. The 2 bedroom rent in this area is $820 per month which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in 55703 is 93 compared to the US which has an index of 100. Living in 55703 Angora MN provides residents with an affordable cost of living while still having access to all the necessary amenities for a comfortable lifestyle.
Angora (zip 55703) has an unemployment rate of 4.8%. The US average is 6.0%.
Angora (zip 55703) 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 Angora (zip 55703)
- The Sales Tax Rate for Angora (zip 55703) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Angora (zip 55703) 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 Angora (zip 55703)
- The average income of a Angora (zip 55703) resident is $27,635 a year. The US average is $37,638 a year.
- The Median household income of a Angora (zip 55703) resident is $61,818 a year. The US average is $69,021 a year.