Carlton, MN is a small city in Carlton County with a population of 55718. The cost of living is relatively low, with an average two bedroom rent at $980 - significantly less than the US average of $1430. Additionally, the grocery cost index in Carlton is 99 compared to 100 in the US. There are many local businesses and services that can be found throughout Carlton. A few notable places include B&B Food Store, Northview Market, and D&J Variety Store for grocery shopping; Martin’s Auto Repair for vehicle maintenance; Northland Community Co-op for agricultural needs; and Carlton Public Library for educational resources.
Carlton (zip 55718) has an unemployment rate of 5.3%. The US average is 6.0%.
Carlton (zip 55718) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Carlton (zip 55718)
- The Sales Tax Rate for Carlton (zip 55718) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Carlton (zip 55718) 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 Carlton (zip 55718)
- The average income of a Carlton (zip 55718) resident is $32,891 a year. The US average is $37,638 a year.
- The Median household income of a Carlton (zip 55718) resident is $77,083 a year. The US average is $69,021 a year.