Freeborn, MN (Zipcode 56032) is an ideal place for people looking to rent. Its two bedroom rent is $800 which is much lower than the US two bedroom rent of $1,430. Additionally, Freeborn has a grocery cost index of 91 versus 100 in the US which helps with budgeting for groceries. Freeborn is home to a great selection of companies such as Roers Companies LLC and Yerington Realty & Auctioneering LLC. It also offers plenty of local amenities including numerous parks and recreational opportunities along with an array of restaurants such as Gino’s Pizza & Grill and the Roadhouse Bar & Grill.
Freeborn (zip 56032) has an unemployment rate of 4.5%. The US average is 6.0%.
Freeborn (zip 56032) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Freeborn (zip 56032)
- The Sales Tax Rate for Freeborn (zip 56032) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Freeborn (zip 56032) 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 Freeborn (zip 56032)
- The average income of a Freeborn (zip 56032) resident is $25,455 a year. The US average is $37,638 a year.
- The Median household income of a Freeborn (zip 56032) resident is $54,688 a year. The US average is $69,021 a year.