Brandon, MN (56315) is a small town located in the midwest. A two bedroom rent here is $850, which is significantly lower than the national average of $1,430. Brandon also has a grocery cost index of 98 compared to the US average of 100, making it an affordable place for families or individuals looking to live on a budget. The local economy is supported by businesses such as Ace Hardware Brandon Lumber, Valley Queen Cheese Factory, Spicemill & More Store, and Munders Garden Center. All these local companies offer essential services and goods to the residents of Brandon while also providing employment opportunities for locals.
Brandon (zip 56315) has an unemployment rate of 4.1%. The US average is 6.0%.
Brandon (zip 56315) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Brandon (zip 56315)
- The Sales Tax Rate for Brandon (zip 56315) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Brandon (zip 56315) 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 Brandon (zip 56315)
- The average income of a Brandon (zip 56315) resident is $32,423 a year. The US average is $37,638 a year.
- The Median household income of a Brandon (zip 56315) resident is $80,563 a year. The US average is $69,021 a year.