Located in Euclid, MN, 56722 is a great community with a diverse range of activities and amenities. The median 2 Bedroom rent here is only $840 compared to the US average of $1,430, making it an affordable option for many. The grocery cost index in 56722 is also very competitive at just 99 versus 100 for the US. Residents are also able to take advantage of local businesses including Yuzak's Bar and Grill which serves tasty American classics as well as Little Store which offers convenience items and produce. Other places of interest include Amundson Chainsaw Repair Co., known for their skilled workmanship and quality repair services, and Euclid Family Restaurant, offering traditional diner-style breakfast and lunch options.
Euclid (zip 56722) has an unemployment rate of 4.9%. The US average is 6.0%.
Euclid (zip 56722) 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 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Euclid (zip 56722)
- The Sales Tax Rate for Euclid (zip 56722) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Euclid (zip 56722) 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 Euclid (zip 56722)
- The average income of a Euclid (zip 56722) resident is $37,771 a year. The US average is $37,638 a year.
- The Median household income of a Euclid (zip 56722) resident is $71,875 a year. The US average is $69,021 a year.