Zip 55753 (Keewatin, MN) Economy


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United States / Minnesota / No Metro Area / Itasca County / Keewatin / Keewatin (zip 55753)
Located in Keewatin, Minnesota, the average two-bedroom rent is $850, which is much lower than the average two-bedroom rent of $1,430 in the US. Additionally, the Grocery Cost Index for Keewatin is 91 versus 100 in the US. This makes it an attractive destination for those looking to save on living expenses. Local companies include Northern Aire Heating and Cooling, White Earth Tax Commission, Little Rabbit Lake Resort, and Greenfield Feed & Supply. These businesses are run by locals who serve their community with quality services and products.

Keewatin (zip 55753) has an unemployment rate of 6.2%. The US average is 6.0%.

Keewatin (zip 55753) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Keewatin (zip 55753)
- The Sales Tax Rate for Keewatin (zip 55753) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Keewatin (zip 55753) 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 Keewatin (zip 55753)
- The average income of a Keewatin (zip 55753) resident is $21,879 a year. The US average is $37,638 a year.
- The Median household income of a Keewatin (zip 55753) resident is $46,221 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKeewatin, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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