Breckenridge, MN 56520 is a great place to live with a cost of living that is slightly below the US average. The 2 bedroom rent in the area is only $840 which is significantly lower than the US average of $1,430. Additionally, grocery costs index in Breckenridge is 95 versus 100 in the US making it an even more attractive option for those looking for affordable living. Breckenridge also offers plenty of shops and services. Local companies include Breckenridge Pharmacy & Nutrition Center, Stromme Auto Body, and Countryside Veterinary Clinic among many others. In addition to great businesses the city provides plenty of amenities including multiple city parks, sports fields, walking trails and several golf courses.
Breckenridge (zip 56520) has an unemployment rate of 4.1%. The US average is 6.0%.
Breckenridge (zip 56520) has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Breckenridge (zip 56520)
- The Sales Tax Rate for Breckenridge (zip 56520) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Breckenridge (zip 56520) 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 Breckenridge (zip 56520)
- The average income of a Breckenridge (zip 56520) resident is $33,564 a year. The US average is $37,638 a year.
- The Median household income of a Breckenridge (zip 56520) resident is $51,568 a year. The US average is $69,021 a year.