Nielsville is a small town in Minnesota with a population of 56568. In Nielsville, the average rent for a two-bedroom apartment is 840 dollars, which is much lower than the US average of 1430 dollars. This makes Nielsville an appealing option for those looking to save on rent. Additionally, the Grocery Cost Index in Nielsville is 94 compared to 100 in the United States, making groceries more affordable here as well.
Nielsville has a variety of local businesses that contribute to its economy. The community is home to the locally owned and operated Starbuck Jigsaws, which creates and sells custom jigsaw puzzles. Community members can also purchase fresh produce at Peterson Produce or pick up some delicious ice cream from Scoops & More Creamery. Other local businesses include The Art Shack and Silver Lining Antiques & Collectibles.
Nielsville (zip 56568) has an unemployment rate of 4.9%. The US average is 6.0%.
Nielsville (zip 56568) 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 Nielsville (zip 56568)
- The Sales Tax Rate for Nielsville (zip 56568) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Nielsville (zip 56568) 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 Nielsville (zip 56568)
- The average income of a Nielsville (zip 56568) resident is $24,002 a year. The US average is $37,638 a year.
- The Median household income of a Nielsville (zip 56568) resident is $0 a year. The US average is $69,021 a year.