Zip 56117 (Bigelow, MN) Economy


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Bigelow, MN located in zip code 56117 is a great place to live. The two bedroom rent in this area is significantly lower than the rest of the US at only $920 per month, making it an ideal location for those looking for affordable housing. Furthermore, the grocery cost index is 95 compared to 100 in the US. There are numerous local businesses and services available in Bigelow, MN including The Coffee House which offers fresh brewed coffee and a wide selection of pastries and desserts, as well as Bigelow’s Hair Salon providing quality hairdressing services. Other local businesses include Bigelow’s Pharmacy, a one-stop shop for all your healthcare needs, along with Big Town Grocery offering groceries and household items at competitive prices.

Bigelow (zip 56117) has an unemployment rate of 3.7%. The US average is 6.0%.

Bigelow (zip 56117) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Bigelow (zip 56117)
- The Sales Tax Rate for Bigelow (zip 56117) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bigelow (zip 56117) 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 Bigelow (zip 56117)
- The average income of a Bigelow (zip 56117) resident is $25,167 a year. The US average is $28,555 a year.
- The Median household income of a Bigelow (zip 56117) resident is $75,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBigelow, MinnesotaUnited States
  3.76
  2.2%-6.2%
  22.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $30,635$37,638
  $75,750$69,021
  $78,750$85,028
  Population by Occupation
  16.5%1.2%
  0.0%0.5%
  8.8%6.8%
  24.7%10.0%
  4.6%2.5%
  9.3%11.0%
  2.1%4.8%
  1.0%0.8%
  0.5%1.9%
  1.5%4.7%
  0.5%1.9%
  1.5%7.6%
  0.0%0.1%
  0.5%4.2%
  9.8%9.3%
  9.3%14.0%
  1.5%2.1%
  3.6%7.0%
  2.1%4.8%
  2.1%4.7%
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