Eveleth, MN is a city located in St. Louis County with a population of 5,573 people. The average 2 bedroom rent in Eveleth is $980, which is lower than the US average of $1,430. This makes it an affordable place for those looking for housing options. Eveleth also has great amenities such as local businesses and restaurants like Bob's Pizza and Donut Shop and local retail stores like Eveleth Family Foods and Walmart Supercenter. Additionally, the grocery cost index in Eveleth is 92 whereas it is 100 in the US, which suggests that groceries are cheaper in this city than in other places nationwide. All these factors make Eveleth an attractive option for people looking for a good quality of living at an affordable price.
Eveleth (zip 55734) has an unemployment rate of 4.8%. The US average is 6.0%.
Eveleth (zip 55734) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Eveleth (zip 55734)
- The Sales Tax Rate for Eveleth (zip 55734) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Eveleth (zip 55734) 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 Eveleth (zip 55734)
- The average income of a Eveleth (zip 55734) resident is $32,027 a year. The US average is $37,638 a year.
- The Median household income of a Eveleth (zip 55734) resident is $61,264 a year. The US average is $69,021 a year.