The city of 56342 Isle, MN is a small but vibrant community located in the heart of Minnesota. It is home to a variety of local businesses, including shops, restaurants, and other services. The cost of living is relatively affordable compared to many other parts of the country; for example, 2 bedroom rent averages around $880 per month – significantly less than the US average of $1,430. Additionally, grocery costs are also lower than the national average at 98 out of 100 on the Grocery Cost Index. Popular local companies include Valley View Farms & Produce LLC, Lake Region Electric Cooperative Inc., and Isle Mini-Storage Inc. All in all, 56342 Isle offers a peaceful suburban atmosphere with plenty of amenities and a budget-friendly lifestyle.
Isle (zip 56342) has an unemployment rate of 7.9%. The US average is 6.0%.
Isle (zip 56342) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 31.9%, which is lower than the US average of 33.5%.
Tax Rates for Isle (zip 56342)
- The Sales Tax Rate for Isle (zip 56342) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Isle (zip 56342) 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 Isle (zip 56342)
- The average income of a Isle (zip 56342) resident is $34,326 a year. The US average is $37,638 a year.
- The Median household income of a Isle (zip 56342) resident is $51,757 a year. The US average is $69,021 a year.