Makinen, Minnesota is a small town located in St. Louis County. According to the 2019 US Census Bureau survey, Makinen has a population of 55763, making it one of the largest towns in the region. It is an ideal place for those looking to live in a more rural area while still being close to the amenities of cities like Duluth and Minneapolis. The 2 bedroom rent in Makinen is $960, which is significantly lower than the national average of $1,430. Furthermore, grocery cost index in Makinen stands at 94 versus 100 nationally.
Makinen has many local businesses that cater to its citizens' needs and preferences such as Dockside Auto Repair, Fat Daddy’s Bar & Grill and Willow Way Farm Market & Cafe. These establishments are well known among locals for their excellent services and products. For example, Dockside Auto Repair provides comprehensive vehicle repair services while Fat Daddy’s Bar & Grill serves up delicious food with great customer service. Finally, Willow Way Farm Market & Cafe offers locally sourced fruits and vegetables as well as other specialty items like honey and jams from local farmers.
Makinen (zip 55763) has an unemployment rate of 4.8%. The US average is 6.0%.
Makinen (zip 55763) 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 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Makinen (zip 55763)
- The Sales Tax Rate for Makinen (zip 55763) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Makinen (zip 55763) 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 Makinen (zip 55763)
- The average income of a Makinen (zip 55763) resident is $29,409 a year. The US average is $28,555 a year.
- The Median household income of a Makinen (zip 55763) resident is $65,081 a year. The US average is $69,021 a year.