Effie, Minnesota (56639) is a small town located in Itasca County with an estimated population of just under 400 people. Despite its small size, this quiet community offers many amenities for its residents, such as affordable housing. The average 2 bedroom rent in Effie is around $970 per month; significantly cheaper than the US average of $1,430. Additionally, the cost of groceries is lower than the national average according to the Cost of Living Index at 97 compared to 100 across the US. This makes Effie an attractive option for those looking for an affordable place to call home.
The town also has some great local businesses, including Red Pine Inn & Suites, Bumblebee Electric Inc., and Itasca County Enterprises LLC. With these options and a low cost of living, it's easy to see why Effie is such an inviting place to live.
Effie (zip 56639) has an unemployment rate of 6.2%. The US average is 6.0%.
Effie (zip 56639) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Effie (zip 56639)
- The Sales Tax Rate for Effie (zip 56639) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Effie (zip 56639) 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 Effie (zip 56639)
- The average income of a Effie (zip 56639) resident is $22,177 a year. The US average is $37,638 a year.
- The Median household income of a Effie (zip 56639) resident is $28,875 a year. The US average is $69,021 a year.