Gatzke, MN (zip code 56724) is a small town located in Marshall County with a population of just over 200 people. It is known for its rolling hills and beautiful lakes. The average cost for renting a two bedroom apartment here is $740, which is significantly lower than the national average of $1,430. Similarly, the Grocery Cost Index for Gatzke is 94 versus 100 in the US, demonstrating that it’s an affordable place to live.
Local businesses in this area include Northern Minnesota Tube & Supply Co., Ziegler CAT and Sunset Stick Welding Co. Northern Minnesota Tube & Supply Co. provides tubing products used in gas and oil pipelines across North America while Ziegler CAT offers heavy equipment sales and rental services. Lastly, Sunset Stick Welding Co specializes in custom steel fabrication and welding projects of all sizes. All three companies are based out of Gatzke and help support the local economy by providing employment opportunities within these industries.
Gatzke (zip 56724) has an unemployment rate of 6.6%. The US average is 6.0%.
Gatzke (zip 56724) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Gatzke (zip 56724)
- The Sales Tax Rate for Gatzke (zip 56724) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Gatzke (zip 56724) 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 Gatzke (zip 56724)
- The average income of a Gatzke (zip 56724) resident is $20,203 a year. The US average is $28,555 a year.
- The Median household income of a Gatzke (zip 56724) resident is $83,125 a year. The US average is $69,021 a year.