Calumet, Minnesota (55716) is a great place to live for those looking for an affordable rent. The average 2 bedroom rent in the area is $840 which is significantly cheaper than the US average of $1,430. Grocery cost index in Calumet is also quite low at 91 compared to the US index of 100.
Calumet offers a variety of nearby amenities and facilities for its residents. There are many local businesses in the area such as Calumet Supermarket, Heikkila Construction, Calumet Pharmacy, and Deeg's Sports Bar & Grill. With its convenient location and affordability it's no wonder that so many people are choosing to call Calumet home.
Calumet (zip 55716) has an unemployment rate of 6.2%. The US average is 6.0%.
Calumet (zip 55716) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Calumet (zip 55716)
- The Sales Tax Rate for Calumet (zip 55716) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Calumet (zip 55716) 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 Calumet (zip 55716)
- The average income of a Calumet (zip 55716) resident is $24,557 a year. The US average is $37,638 a year.
- The Median household income of a Calumet (zip 55716) resident is $32,188 a year. The US average is $69,021 a year.