The small community of Brooten, Minnesota is home to 56316 residents. The average 2 bedroom rent in this area is $870, which is much lower than the US average of $1,430. This makes the area a great option for those looking for more affordable living options. Additionally, the Grocery Cost Index in Brooten is 95 compared to the US at 100 - making it a great place to save money while grocery shopping. Local companies in and around Brooten include KleinBank, Creative Edge Design and Print, Breimhorst Repair LLC., L&D BHLLP Attorney's at Law, NAPA Auto Parts-Gustafson Motors Inc., and many more.
Brooten (zip 56316) has an unemployment rate of 4.7%. The US average is 6.0%.
Brooten (zip 56316) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Brooten (zip 56316)
- The Sales Tax Rate for Brooten (zip 56316) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Brooten (zip 56316) 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 Brooten (zip 56316)
- The average income of a Brooten (zip 56316) resident is $34,992 a year. The US average is $37,638 a year.
- The Median household income of a Brooten (zip 56316) resident is $62,396 a year. The US average is $69,021 a year.