Cleveland, Minnesota (56017) is a small town located just north of the Twin Cities metro area. The city is home to approximately 1,800 residents and is known for its strong sense of community. Rent for two-bedrooms in Cleveland stands at $860 which is significantly lower than the US average of $1,430. The Grocery Cost Index in Cleveland is also close to the national average as it stands at 100 versus 100 in the US.
The local economy of Cleveland revolves around retail and agriculture with several businesses operating within the city limits. These include local stores such as Joe's Supermarket, Adam's Family Farm Market, and Country Store & Deli. There are also numerous restaurants like Annie's Pizzeria and Wild Side Cafe that offer delectable meals to locals and visitors alike. Additionally, there are a range of services like FirstMerit Bank, Sherwood Veterinary Clinic, and Streamline Financial Solutions that cater to Cleveland’s population needs.
Cleveland (zip 56017) has an unemployment rate of 6.8%. The US average is 6.0%.
Cleveland (zip 56017) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Cleveland (zip 56017)
- The Sales Tax Rate for Cleveland (zip 56017) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Cleveland (zip 56017) 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 Cleveland (zip 56017)
- The average income of a Cleveland (zip 56017) resident is $41,921 a year. The US average is $37,638 a year.
- The Median household income of a Cleveland (zip 56017) resident is $85,081 a year. The US average is $69,021 a year.