Zip 56455 (Ironton, MN) Economy


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United States / Minnesota / Brainerd Metro Area / Crow Wing County / No City / Ironton (zip 56455)
Ironton, MN is a small city located in Crow Wing County with a population of 564. It's an ideal area for those looking to escape the hustle and bustle of big city life and enjoy peace and quiet. The cost of living in Ironton is quite affordable with 2 bedroom rent averaging $990 compared to the national average of $1,430. Grocery cost index in Ironton is 95 versus 100 in the US. There are several local businesses in the area offering goods and services including Ironton Auto Repair, Mahr Hardware & Builders Supply, and Northland Cable TV. The many amenities combined with the low cost of living make Ironton a great place to live for families and individuals alike.

Ironton (zip 56455) has an unemployment rate of 6.0%. The US average is 6.0%.

Ironton (zip 56455) has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Ironton (zip 56455)
- The Sales Tax Rate for Ironton (zip 56455) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Ironton (zip 56455) 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 Ironton (zip 56455)
- The average income of a Ironton (zip 56455) resident is $20,657 a year. The US average is $28,555 a year.
- The Median household income of a Ironton (zip 56455) resident is $56,645 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIronton, MinnesotaUnited States
  66
  -2.9%-6.2%
  42.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $26,890$37,638
  $56,645$69,021
  $60,625$85,028
  Population by Occupation
  0.8%1.2%
  0.0%0.5%
  5.7%6.8%
  8.3%10.0%
  1.5%2.5%
  7.5%11.0%
  3.3%4.8%
  0.7%0.8%
  2.8%1.9%
  3.3%4.7%
  2.4%1.9%
  2.8%7.6%
  0.0%0.1%
  3.0%4.2%
  6.1%9.3%
  31.9%14.0%
  2.4%2.1%
  6.7%7.0%
  5.9%4.8%
  5.0%4.7%
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