Located in Erskine, MN, 56535 is an affordable and desirable place to live. 2 Bedroom rent in the area is $820 compared to the US average of $1,430, making it much more economical for those on a budget. Grocery Cost Index in the area is also lower than other places with a value of 98 compared to 100 according to the US index. There are many local businesses such as T&J Meats and Country Store, Wagner Tax & Accounting Services Inc., and Midway Co-op Oil & LP Gas that make life easier for locals. Living here also offers its residents many advantages such as access to outdoor activities like hunting and fishing at nearby lakes such as Red Lake Reservoir or Agassiz National Wildlife Refuge. Additionally, there are plenty of recreational facilities available such as tennis courts and golf courses which makes it a great place for families to live.
Erskine (zip 56535) has an unemployment rate of 4.9%. The US average is 6.0%.
Erskine (zip 56535) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Erskine (zip 56535)
- The Sales Tax Rate for Erskine (zip 56535) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Erskine (zip 56535) 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 Erskine (zip 56535)
- The average income of a Erskine (zip 56535) resident is $27,497 a year. The US average is $28,555 a year.
- The Median household income of a Erskine (zip 56535) resident is $46,607 a year. The US average is $69,021 a year.