Odin, MN (56160) is an area with a relatively low cost of living. The average two bedroom rent is $840, which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Odin is 93 compared to the US average of 100.
Odin has plenty to offer its residents including local companies such as Odin Pharmacy and Odin Super Valu. There are several excellent schools in the area including Odin Elementary School and Minneota Public School. Outdoor enthusiasts can also visit one of many nearby parks such as Threshing Bee Park and Sutton Park.
Odin (zip 56160) has an unemployment rate of 4.5%. The US average is 6.0%.
Odin (zip 56160) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Odin (zip 56160)
- The Sales Tax Rate for Odin (zip 56160) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Odin (zip 56160) 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 Odin (zip 56160)
- The average income of a Odin (zip 56160) resident is $35,947 a year. The US average is $28,555 a year.
- The Median household income of a Odin (zip 56160) resident is $40,000 a year. The US average is $69,021 a year.