The small city of Chisholm, MN (55719) is known for its friendly and close-knit community. It has a population of around 5,300 people. The cost of living is relatively low here, with a 2 bedroom rent averaging $830 - much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Chisholm is at 91 compared to 100 in the US.
Chisholm offers plenty of local businesses and amenities that help make this town the charming place it is. These include grocery stores like Super One Foods and Shopko Express, a range of restaurants such as Famous Dave's Bar-B-Que and Ohana Grill & Sushi, plus entertainment venues like Skyline Lanes and Rock Ridge Sports Bar & Grill. Residents have access to healthcare options such as Fairview Range Medical Center – Hibbing in nearby Hibbing.
Chisholm (zip 55719) has an unemployment rate of 4.8%. The US average is 6.0%.
Chisholm (zip 55719) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Chisholm (zip 55719)
- The Sales Tax Rate for Chisholm (zip 55719) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Chisholm (zip 55719) 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 Chisholm (zip 55719)
- The average income of a Chisholm (zip 55719) resident is $36,745 a year. The US average is $37,638 a year.
- The Median household income of a Chisholm (zip 55719) resident is $55,172 a year. The US average is $69,021 a year.