The small town of Glenwood, MN (zip code 56334) is an ideal place to call home for those who are looking for a cozy, affordable place to live. The 2 bedroom rent in Glenwood is significantly lower than the US average of $1,430 per month at only $900 per month. Additionally, the grocery cost index in Glenwood is consistent with the US average at 100. Shopping and dining options in the area are plentiful with local favorites like Glenwood Pizza & Pub and Glacial Ridge Winery & Vineyard. With a low cost of living and variety of amenities, Glenwood is an excellent choice for those looking for a quiet and peaceful hometown.
Glenwood (zip 56334) has an unemployment rate of 4.5%. The US average is 6.0%.
Glenwood (zip 56334) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Glenwood (zip 56334)
- The Sales Tax Rate for Glenwood (zip 56334) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Glenwood (zip 56334) 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 Glenwood (zip 56334)
- The average income of a Glenwood (zip 56334) resident is $29,081 a year. The US average is $28,555 a year.
- The Median household income of a Glenwood (zip 56334) resident is $66,915 a year. The US average is $69,021 a year.