Glencoe, Minnesota (55336) is a great place to live. The 2 bedroom rent in Glencoe is $870, which is much cheaper than the US average of $1,430. In addition to the low rent cost, the grocery cost index for Glencoe is 97 versus 100 in the US. There are many local businesses like East Central Electric Company, Glencoe Co-op Creamery Association, and McLeod Publishing that provide quality services to their community. Aside from its affordable cost of living, Glencoe offers numerous amenities such as public parks, top-notch schools, excellent healthcare facilities and easy access to major highways. All these features make it an ideal place for families looking for a safe and comfortable home.
Glencoe (zip 55336) has an unemployment rate of 5.1%. The US average is 6.0%.
Glencoe (zip 55336) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Glencoe (zip 55336)
- The Sales Tax Rate for Glencoe (zip 55336) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Glencoe (zip 55336) 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 Glencoe (zip 55336)
- The average income of a Glencoe (zip 55336) resident is $32,929 a year. The US average is $37,638 a year.
- The Median household income of a Glencoe (zip 55336) resident is $66,813 a year. The US average is $69,021 a year.