Holdingford, Minnesota is a small village located in Stearns County. The population of Holdingford is 563 and the average two bedroom rent is $810, which is significantly lower than the national average of $1,430. Grocery costs are also lower compared to other areas around the US with an index of 99. It's a great place for those looking for a rural lifestyle with easy access to nearby cities like St. Cloud.
Holdingford has many local businesses that make the community unique and vibrant. These include M&M Foods, a family-owned grocery store providing fresh produce and beverages; Toasted Frog Bar & Grill, featuring American favorites and craft beers; Harrington Hardware Store for all your needs; as well as T&J Auto Repair, specializing in all types of repairs and maintenance services. With these businesses, Holdingford residents can find everything they need close to home.
Holdingford (zip 56340) has an unemployment rate of 4.7%. The US average is 6.0%.
Holdingford (zip 56340) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Holdingford (zip 56340)
- The Sales Tax Rate for Holdingford (zip 56340) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Holdingford (zip 56340) 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 Holdingford (zip 56340)
- The average income of a Holdingford (zip 56340) resident is $35,185 a year. The US average is $37,638 a year.
- The Median household income of a Holdingford (zip 56340) resident is $78,864 a year. The US average is $69,021 a year.