56352 Melrose, MN is an affordable rental market with a 2 bedroom rent of $980, which is significantly lower than the US average of $1,430. Grocery cost index in 56352 Melrose, MN is 96 compared to 100 in the US. This makes it a great place for people looking for a more affordable way of living. Local companies in 56352 Melrose, MN include Shopko, New Horizon Coop, Central Square Mall and Stearns County Bank. Shopko offers a wide selection of clothing and home goods while New Horizon Coop specializes in grain processing and animal feed ingredients. Central Square Mall is great for local shopping and dining as well Stearns County Bank provides banking services to those living in the area.
Melrose (zip 56352) has an unemployment rate of 4.7%. The US average is 6.0%.
Melrose (zip 56352) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Melrose (zip 56352)
- The Sales Tax Rate for Melrose (zip 56352) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Melrose (zip 56352) 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 Melrose (zip 56352)
- The average income of a Melrose (zip 56352) resident is $31,246 a year. The US average is $37,638 a year.
- The Median household income of a Melrose (zip 56352) resident is $57,188 a year. The US average is $69,021 a year.