Gary, MN is a small town located in the north of Minnesota, with a population of approximately 56545 people. It has a relatively low cost of living compared to many other parts of the United States. The average 2 bedroom rent in Gary, MN is $970, while the US average is $1430. The Grocery Cost Index in Gary, MN is 94 versus 100 in the US. It is less expensive to buy groceries here than most places around the country.
Gary, MN has several local companies that offer goods and services to its residents. Some of these include Gary Supermarket, which offers everything from produce and meats to beer and wine; Northland Tire Company which provides tires and repair services; Starks Auto Body which provides car repair services; Gary Hardware Store for all your home improvement needs; and Miller's Electronics for all your electronic needs. These companies provide a wide variety of products and services to the people of Gary, MN.
Gary (zip 56545) has an unemployment rate of 5.7%. The US average is 6.0%.
Gary (zip 56545) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Gary (zip 56545)
- The Sales Tax Rate for Gary (zip 56545) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Gary (zip 56545) 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 Gary (zip 56545)
- The average income of a Gary (zip 56545) resident is $35,913 a year. The US average is $37,638 a year.
- The Median household income of a Gary (zip 56545) resident is $67,000 a year. The US average is $69,021 a year.