Foxhome is a charming small town located in 56543 Foxhome, Minnesota. It has a population of approximately 300 people who enjoy the rural lifestyle and the close-knit community atmosphere. The average 2-bedroom rent in Foxhome is $810 per month, significantly lower than the US average of $1,430 per month. Groceries are also more affordable in Foxhome with a grocery cost index of 94 compared to 100 in the US.
The town offers many amenities including several local stores such as Hanson's Sports & Apparel and North Star Café & Bar that provide goods and services for residents. Additionally there is plenty of outdoor activities such as hunting, fishing, and camping that can be enjoyed due to its proximity to natural areas like Pelican River Park and Lake Sallie National Wildlife Refuge.
All in all, Foxhome offers an affordable cost of living compared to many other parts of Minnesota and the US which makes it attractive to those seeking a rural escape away from the hustle and bustle of city life without breaking their budget.
Foxhome (zip 56543) has an unemployment rate of 4.1%. The US average is 6.0%.
Foxhome (zip 56543) has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Foxhome (zip 56543)
- The Sales Tax Rate for Foxhome (zip 56543) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Foxhome (zip 56543) 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 Foxhome (zip 56543)
- The average income of a Foxhome (zip 56543) resident is $29,449 a year. The US average is $37,638 a year.
- The Median household income of a Foxhome (zip 56543) resident is $56,500 a year. The US average is $69,021 a year.