Fertile, Minnesota (zipcode 56540) is a small rural community located in Polk County. It boasts a warm and welcoming atmosphere with plenty of local businesses. Local companies include Fertile Mercantile, Vester's Super Valu Foods, Northland Pallet & Recycling, DeMars Roofing & Siding Company and Reitan Repair Services. The cost of living is lower than the US average with 2 bedroom rent being $840 compared to $1430 in the US and a Grocery Cost Index of 95 compared to 100 in the US. Residents can expect to enjoy lower costs all around making Fertile an ideal place to live for those looking for an affordable home.
Fertile (zip 56540) has an unemployment rate of 4.9%. The US average is 6.0%.
Fertile (zip 56540) 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 Fertile (zip 56540)
- The Sales Tax Rate for Fertile (zip 56540) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fertile (zip 56540) 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 Fertile (zip 56540)
- The average income of a Fertile (zip 56540) resident is $29,849 a year. The US average is $37,638 a year.
- The Median household income of a Fertile (zip 56540) resident is $64,167 a year. The US average is $69,021 a year.