Palisade, MN is a small town located in the state of Minnesota. With a population of just over 500 people, it's one of the most affordable places to live in the area. The average 2 bedroom rent for Palisade is $830, which is significantly lower than the US average of $1,430. Grocery costs in Palisade are also very reasonable with an index score of 96 compared to 100 in the US. The local businesses in Palisade vary from restaurants like Piggy’s Bar & Grill and Sandy’s Café to shops like Marshall Drygoods and Buehler's Market. Prices are much more competitive than in larger cities due to the low overhead cost associated with running a business here. Consequently prices tend to be much lower than what you would find elsewhere, making Palisade an attractive place to live for those looking for affordability without sacrificing quality or convenience.
Palisade (zip 56469) has an unemployment rate of 7.1%. The US average is 6.0%.
Palisade (zip 56469) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Palisade (zip 56469)
- The Sales Tax Rate for Palisade (zip 56469) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Palisade (zip 56469) 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 Palisade (zip 56469)
- The average income of a Palisade (zip 56469) resident is $31,195 a year. The US average is $37,638 a year.
- The Median household income of a Palisade (zip 56469) resident is $56,042 a year. The US average is $69,021 a year.