Zip 56316 (Brooten, MN) Economy


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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 increase by 1.6% 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 $24,498 a year. The US average is $28,555 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.

Income by Population Percent

  EconomyBrooten, MinnesotaUnited States
  4.76
  -2.4%-6.2%
  33.8%33.5%
  6.9%6.2%
  7.1%4.6%
  $34,992$37,638
  $62,396$69,021
  $69,464$85,028
  Population by Occupation
  17.1%1.2%
  0.0%0.5%
  6.1%6.8%
  19.8%10.0%
  2.7%2.5%
  8.8%11.0%
  4.0%4.8%
  0.0%0.8%
  2.7%1.9%
  2.4%4.7%
  0.1%1.9%
  3.1%7.6%
  0.0%0.1%
  2.4%4.2%
  5.7%9.3%
  12.3%14.0%
  3.4%2.1%
  3.5%7.0%
  3.5%4.8%
  2.3%4.7%
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