Brooks, Minnesota (Zip Code: 56715) is a small but vibrant town located in the northwest part of the state. This welcoming community offers affordable living and entertainment, with an average rent for a two bedroom apartment of $810, which is significantly lower than the national average of $1,430. The cost of living index in Brooks is also lower than the US average at 94 compared to 100.
The local economy is mainly composed of small businesses like Anderson Automotive and Greiner's Restaurant & Bar. There are also some larger companies such as Digi-Key Electronics, an electronic components distributor that has been operating in Brooks for over thirty years and currently employs nearly 800 people. Other large employers are Sanford Health with its 85-bed hospital and Bemidji State University with its over 4,000 students enrolled at it every year.
This charming town has a lot to offer residents both economically and culturally. It's perfect for those looking to be close to nature while still enjoying all the amenities of city life.
Brooks (zip 56715) has an unemployment rate of 6.0%. The US average is 6.0%.
Brooks (zip 56715) has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 15.7%, which is lower than the US average of 33.5%.
Tax Rates for Brooks (zip 56715)
- The Sales Tax Rate for Brooks (zip 56715) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Brooks (zip 56715) 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 Brooks (zip 56715)
- The average income of a Brooks (zip 56715) resident is $32,408 a year. The US average is $37,638 a year.
- The Median household income of a Brooks (zip 56715) resident is $52,083 a year. The US average is $69,021 a year.