Zip 56318 (Burtrum, MN) Economy


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United States / Minnesota / No Metro Area / Todd County / No City / Burtrum (zip 56318)
56318 Burtrum, MN is a small rural community with a population of 709. This small community offers its residents great affordability in 2 bedroom rental homes for just $740 per month. In comparison to the US average of $1,430, this is an excellent deal. Grocery cost index in 56318 Burtrum, MN is also quite affordable at 98 compared to the US average of 100. Local businesses operating in 56318 Burtrum, MN include Maahs Oil Company, Nechville Quality Meats and the local café – Grandma’s Kitchen.

Burtrum (zip 56318) has an unemployment rate of 5.4%. The US average is 6.0%.

Burtrum (zip 56318) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for Burtrum (zip 56318)
- The Sales Tax Rate for Burtrum (zip 56318) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Burtrum (zip 56318) 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 Burtrum (zip 56318)
- The average income of a Burtrum (zip 56318) resident is $33,269 a year. The US average is $37,638 a year.
- The Median household income of a Burtrum (zip 56318) resident is $70,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBurtrum, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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