55775 Pengilly, MN is a rural area located in Itasca County. It has a population of 574 people as of 2019, and is a peaceful and charming town. The average two-bedroom rent for this area is $960, which is significantly cheaper than the national average of $1,430. Furthermore, the Grocery Cost Index for this area is 96 compared to 100 nationally. This means that groceries are relatively cheaper here than in other parts of the US. Local companies include Northern Pines Coop Inc., Hilltop Lanes & Restaurant Inc., and A&C Home Improvement LLC. These companies provide services ranging from hardware stores to bowling alleys to restaurants. All these businesses make this small town vibrant with activity and opportunities for all its inhabitants.
Pengilly (zip 55775) has an unemployment rate of 6.2%. The US average is 6.0%.
Pengilly (zip 55775) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Pengilly (zip 55775)
- The Sales Tax Rate for Pengilly (zip 55775) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Pengilly (zip 55775) 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 Pengilly (zip 55775)
- The average income of a Pengilly (zip 55775) resident is $29,056 a year. The US average is $28,555 a year.
- The Median household income of a Pengilly (zip 55775) resident is $70,811 a year. The US average is $69,021 a year.