International Falls, Minnesota is a small city located in Koochiching County, and it has a population of 5,664 people according to the 2019 census. It is situated at the northernmost point on the US-Canadian border with Fort Frances, Ontario. The cost of rental for a two bedroom apartment here is $990 which is considerably lower than the US average rate of $1,430. Similarly, the Grocery Cost Index for International Falls is 95 while it’s 100 in the US. Some popular local businesses in this area include Ojibway Inn Motel & RV Park, J&R Trophy Manufacturing Company Ltd., and Scott Electric Inc.. There are also many cozy cafes such as The Coffee Mill and pubs like Choo Choo Lounge serving delicious food along with live entertainment.
International Falls (zip 56649) has an unemployment rate of 5.7%. The US average is 6.0%.
International Falls (zip 56649) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 18.9%, which is lower than the US average of 33.5%.
Tax Rates for International Falls (zip 56649)
- The Sales Tax Rate for International Falls (zip 56649) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for International Falls (zip 56649) 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 International Falls (zip 56649)
- The average income of a International Falls (zip 56649) resident is $26,164 a year. The US average is $28,555 a year.
- The Median household income of a International Falls (zip 56649) resident is $53,663 a year. The US average is $69,021 a year.