Cloquet, Minnesota, located in Carlton County has a population of 8,639 and is home to several major local companies. The 2 bedroom rent for Cloquet is $1,110 per month and the grocery cost index is 97 compared to the US average of 100. Some of the major local companies located in Cloquet include Sappi Fine Paper North America, Enbridge Energy Company Inc., Minnesota Power Inc., and Sunshare Community Solar LLC. Sappi Fine Paper North America produces chemical cellulose pulp from wood chips and other materials used in making paper products. Enbridge Energy Company Inc. develops pipeline projects to transport crude oil and natural gas across Canada and the United States. Minnesota Power Inc. provides electricity services to customers in Northeastern Minnesota with a focus on providing safe, reliable electric service at competitive rates. Sunshare Community Solar LLC is a solar energy company that provides solar panel installation services to residential and commercial customers throughout the area.
Cloquet (zip 55720) has an unemployment rate of 5.3%. The US average is 6.0%.
Cloquet (zip 55720) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 30.6%, which is lower than the US average of 33.5%.
Tax Rates for Cloquet (zip 55720)
- The Sales Tax Rate for Cloquet (zip 55720) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Cloquet (zip 55720) 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 Cloquet (zip 55720)
- The average income of a Cloquet (zip 55720) resident is $31,466 a year. The US average is $37,638 a year.
- The Median household income of a Cloquet (zip 55720) resident is $57,640 a year. The US average is $69,021 a year.