Raymond, Minnesota (56282) is a small town located in Stearns County in the Central region of the state. It has a population of around 1,000 people and is part of the Sauk Rapids-Rice metropolitan area. The median 2 bedroom rent price in Raymond is $830, which is significantly lower than the US median rent at $1,430. Additionally, grocery costs are also lower with a Grocery Cost Index of 95 compared to 100 in the US.
Given its low cost of living and many attractions nearby, Raymond makes for an attractive location for those looking to live affordably while having access to plenty of outdoor recreation activities. Popular destinations near Raymond include Quarry Park and Nature Preserve where visitors can enjoy fishing, canoeing, swimming and picnicking. There are also great restaurants like Slopie's Supper Club and local businesses like Richter Auto Repair that offer quality services to the community.
Raymond (zip 56282) has an unemployment rate of 4.9%. The US average is 6.0%.
Raymond (zip 56282) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Raymond (zip 56282)
- The Sales Tax Rate for Raymond (zip 56282) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Raymond (zip 56282) 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 Raymond (zip 56282)
- The average income of a Raymond (zip 56282) resident is $31,103 a year. The US average is $37,638 a year.
- The Median household income of a Raymond (zip 56282) resident is $64,250 a year. The US average is $69,021 a year.