Glyndon, MN is a small town located in Clay County with a population of 56547. It is known for its quaint atmosphere, community pride and reasonably priced cost of living. The average 2 bedroom rent in Glyndon is $840 which is significantly lower than the national average of $1,430. Additionally, grocery costs are relatively low with an index of 100 when compared to the US index of 100. Local companies like Walmart offer everyday items at competitive prices while A & L Grocery Store provides top quality produce at affordable rates. Overall, Glyndon is an economical place to live and work for those who want a small-town experience near major metropolitan cities.
Glyndon (zip 56547) has an unemployment rate of 3.8%. The US average is 6.0%.
Glyndon (zip 56547) has seen the job market decrease by -0.7% 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 Glyndon (zip 56547)
- The Sales Tax Rate for Glyndon (zip 56547) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Glyndon (zip 56547) 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 Glyndon (zip 56547)
- The average income of a Glyndon (zip 56547) resident is $33,270 a year. The US average is $37,638 a year.
- The Median household income of a Glyndon (zip 56547) resident is $84,563 a year. The US average is $69,021 a year.