The town is home to a number of local businesses including ATS Enterprises, Inc., which provides parts and services for agricultural vehicles; Peterson Machine Works, which specializes in fabrication; and Quality Bakers, a family-run bakery. All these companies offer competitive prices that can help residents make their money go further.
Overall, Clements provides an ideal cost of living mix - cheaper rent than most places in the US combined with competitively priced groceries and other essentials from local businesses. Those looking to cut costs without sacrificing quality should consider making Clements their home.
Clements (zip 56224) has an unemployment rate of 5.5%. The US average is 6.0%.
Clements (zip 56224) 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 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Clements (zip 56224)
- The Sales Tax Rate for Clements (zip 56224) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Clements (zip 56224) 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 Clements (zip 56224)
- The average income of a Clements (zip 56224) resident is $31,914 a year. The US average is $37,638 a year.
- The Median household income of a Clements (zip 56224) resident is $54,688 a year. The US average is $69,021 a year.