The small town of Clarkfield, MN (Zip Code 56223) is a popular destination for those searching for an affordable place to live. The typical two bedroom rental in Clarkfield is just $810 per month, significantly lower than the national average of $1,430. Additionally, the cost of groceries in Clarkfield is 94 on the index versus the 100 national average. This makes living more affordable than many other places in the United States. Not only does Clarkfield offer great value, it also provides numerous local amenities including banks like Security State Bank Southwest and grocery stores like Johnson's Grocery & Hardware Inc. There are also numerous parks and attractions nearby such as Svoboda Park and Yellow Medicine County Fairgrounds. All these factors combine to make Clarkfield a great place to live on a budget.
Clarkfield (zip 56223) has an unemployment rate of 4.4%. The US average is 6.0%.
Clarkfield (zip 56223) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Clarkfield (zip 56223)
- The Sales Tax Rate for Clarkfield (zip 56223) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Clarkfield (zip 56223) 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 Clarkfield (zip 56223)
- The average income of a Clarkfield (zip 56223) resident is $29,529 a year. The US average is $37,638 a year.
- The Median household income of a Clarkfield (zip 56223) resident is $58,690 a year. The US average is $69,021 a year.