55924 Claremont, Minnesota is a small town with a population of just under 1,500 people. It is a convenient location close to both Rochester and La Crosse as well as other major cities in Minnesota. The 2 bedroom rent for this area is $980 which is much lower than the U.S. average rent at $1,430. Additionally, the Grocery Cost Index for 55924 Claremont is 97 which is slightly lower than the national average of 100.
The small town offers plenty of local restaurants such as Homegrown Cafe & Bakery as well as Cranberry Wallow Diner. There are also many local companies such as Pepin Distributing Company and Apex Excavating & Bobcat Service just to name a few. All these contribute to the relatively low cost of living in 55924 Claremont while still providing its residents with various amenities and services found in larger cities.
Claremont (zip 55924) has an unemployment rate of 4.9%. The US average is 6.0%.
Claremont (zip 55924) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Claremont (zip 55924)
- The Sales Tax Rate for Claremont (zip 55924) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Claremont (zip 55924) 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 Claremont (zip 55924)
- The average income of a Claremont (zip 55924) resident is $28,721 a year. The US average is $28,555 a year.
- The Median household income of a Claremont (zip 55924) resident is $72,143 a year. The US average is $69,021 a year.