Zip 56660 (Mizpah, MN) Economy


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United States / Minnesota / No Metro Area / Koochiching County / Mizpah / Mizpah (zip 56660)
Mizpah, Minnesota (zip code 56660) is a small town of about 200 people. Despite its size, it is an attractive place to live due to its affordable housing costs - the average two bedroom rent is $840 per month - and its grocery cost index, which stands at 95 compared to the national average of 100. The area has a variety of local businesses such as Northwoods Bar & Grill and Mizpah Auto Repair. There is something for everyone in Mizpah, from delicious food to excellent automotive services. With a cost of living lower than the US average and plenty of amenities, it's no wonder people are choosing to call this small town home.

Mizpah (zip 56660) has an unemployment rate of 5.7%. The US average is 6.0%.

Mizpah (zip 56660) 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 18.9%, which is lower than the US average of 33.5%.

Tax Rates for Mizpah (zip 56660)
- The Sales Tax Rate for Mizpah (zip 56660) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Mizpah (zip 56660) 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 Mizpah (zip 56660)
- The average income of a Mizpah (zip 56660) resident is $19,093 a year. The US average is $28,555 a year.
- The Median household income of a Mizpah (zip 56660) resident is $63,125 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMizpah, MinnesotaUnited States
  5.76
  -4.2%-6.2%
  18.9%33.5%
  6.9%6.2%
  7.1%4.6%
  $28,700$37,638
  $63,125$69,021
  $75,625$85,028
  Population by Occupation
  6.4%1.2%
  0.0%0.5%
  12.8%6.8%
  6.4%10.0%
  0.0%2.5%
  0.0%11.0%
  19.2%4.8%
  0.0%0.8%
  3.8%1.9%
  2.6%4.7%
  3.8%1.9%
  1.3%7.6%
  0.0%0.1%
  0.0%4.2%
  9.0%9.3%
  24.4%14.0%
  0.0%2.1%
  3.8%7.0%
  6.4%4.8%
  0.0%4.7%
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