56536 Felton, MN is a quaint town located in the heart of northwestern Minnesota. It has a population of 937 and is an up-and-coming community with many companies and amenities. The 2 bedroom rent here is $910, which is quite affordable compared to the US average of $1,430. Additionally, its Grocery Cost Index is 97 versus 100 in the US. There are several local businesses in this area; some of them include Felton Café & Bakery, Felton Feed & Grain, Central Market & Deli, and F&M Furniture. All of these businesses provide quality goods and services to the residents of Felton at competitive prices.
Felton (zip 56536) has an unemployment rate of 3.8%. The US average is 6.0%.
Felton (zip 56536) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Felton (zip 56536)
- The Sales Tax Rate for Felton (zip 56536) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Felton (zip 56536) 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 Felton (zip 56536)
- The average income of a Felton (zip 56536) resident is $41,226 a year. The US average is $37,638 a year.
- The Median household income of a Felton (zip 56536) resident is $68,750 a year. The US average is $69,021 a year.