Zip 56736 (Mentor, MN) Economy


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United States / Minnesota / Grand Forks Metro Area / Polk County / No City / Mentor (zip 56736)
Mentor, MN (zip code 56736) is an inviting community located in the northwestern portion of Minnesota. It has a population of around 280 people, who are served by local businesses such as the Mentor Co-op Store, Blacksmith Cleaners, and Mentor City Hall. The two bedroom rent in Mentor is much more affordable than the national average, at $800 versus $1,430 in the US. Additionally, grocery costs index in Mentor is 100 compared to 100 in the US. This makes Mentor an attractive place to live for those seeking an affordable lifestyle.

Mentor (zip 56736) has an unemployment rate of 4.9%. The US average is 6.0%.

Mentor (zip 56736) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.

Tax Rates for Mentor (zip 56736)
- The Sales Tax Rate for Mentor (zip 56736) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Mentor (zip 56736) 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 Mentor (zip 56736)
- The average income of a Mentor (zip 56736) resident is $39,255 a year. The US average is $37,638 a year.
- The Median household income of a Mentor (zip 56736) resident is $67,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMentor, 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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