Grand Portage, Minnesota, is home to the picturesque Grand Portage National Monument and several local companies in the area. Average two bedroom rent in Grand Portage is $850, which is much less expensive than the national average of $1,430. Additionally, the grocery cost index in Grand Portage is 95 compared to 100 in the US. This makes living in Grand Portage both affordable and comfortable.
Some of the companies located in Grand Portage are North Shore Credit Union, Adventure Zone Outfitters, and B&B Grocery Store. The community also offers a variety of outdoor activities such as hiking trails at The Monument or fishing on Lake Superior. Local amenities include a post office, library, and school district providing educational opportunities for students from preschool to high school.
Grand Portage (zip 55605) has an unemployment rate of 7.4%. The US average is 6.0%.
Grand Portage (zip 55605) has seen the job market decrease by -9.6% over the last year. Future job growth over the next ten years is predicted to be 55.5%, which is higher than the US average of 33.5%.
Tax Rates for Grand Portage (zip 55605)
- The Sales Tax Rate for Grand Portage (zip 55605) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Grand Portage (zip 55605) 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 Grand Portage (zip 55605)
- The average income of a Grand Portage (zip 55605) resident is $28,282 a year. The US average is $37,638 a year.
- The Median household income of a Grand Portage (zip 55605) resident is $55,511 a year. The US average is $69,021 a year.