Ihlen, MN with the zip code 56140 is a rural town located in Minnesota. According to the given content, 2 bedroom rent in Ihlen is $730 compared to $1,430 in the US, and the Grocery Cost Index is 91 versus 100 in the US. Local companies included in the Cost of Living Index are Cenex, Bremer Bank, and Spud's Supermarket. These companies provide access to affordable housing and groceries for residents of Ihlen. Furthermore, there are various recreational activities offered near Ihlen such as kayaking, hiking trails and fishing spots which attract tourists from nearby states. All of this combined makes Ihlen an ideal place to live for those who want to save money while enjoying all that nature has to offer.
Ihlen (zip 56140) has an unemployment rate of 5.1%. The US average is 6.0%.
Ihlen (zip 56140) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Ihlen (zip 56140)
- The Sales Tax Rate for Ihlen (zip 56140) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ihlen (zip 56140) 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 Ihlen (zip 56140)
- The average income of a Ihlen (zip 56140) resident is $34,241 a year. The US average is $37,638 a year.
- The Median household income of a Ihlen (zip 56140) resident is $56,797 a year. The US average is $69,021 a year.