Mahnomen, MN 56557 is a small rural community located in northwestern Minnesota. The town has a population of around 1,000 people and is known for its unique local businesses and services. The average two-bedroom rent in the area is $840 per month, which is significantly lower than the US average of $1,430. Additionally, the cost of groceries in Mahnomen is 93 on the Grocery Cost Index compared to 100 in the US.
The town offers many interesting local businesses and services including the popular Mahnomen Mini Mart for grocery shopping, King’s Bar & Grill for a night out with friends or family, Nett Lake Band Clinic for medical care, White Oak Casino & Hotel for entertainment and gambling opportunities, as well as numerous other stores and restaurants. The nearby towns of Naytahwaush and Waubun also offer many similar attractions. Overall, Mahnomen provides an affordable living option with plenty of opportunities to explore local businesses and services.
Mahnomen (zip 56557) has an unemployment rate of 8.1%. The US average is 6.0%.
Mahnomen (zip 56557) has seen the job market decrease by -12.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Mahnomen (zip 56557)
- The Sales Tax Rate for Mahnomen (zip 56557) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Mahnomen (zip 56557) 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 Mahnomen (zip 56557)
- The average income of a Mahnomen (zip 56557) resident is $22,923 a year. The US average is $37,638 a year.
- The Median household income of a Mahnomen (zip 56557) resident is $44,821 a year. The US average is $69,021 a year.