Located in the small town of Roosevelt, Minnesota (zip code 56673), you can find a decent two bedroom apartment for rent at $860. This is much cheaper than the national average of $1,430 for a two bedroom. Grocery costs are also below the national average with an index of 94 compared to 100 in the US.
In Roosevelt you can find a variety of local businesses, such as 7 Clans Casino & Hotel, Vintage at the Lake Antique Mall and Red Lake Market. The area is known for its outdoor attractions like Pine Island State Park and Upper Red Lake National Wildlife Refuge. Roosevelt has something to offer for everyone no matter if you are looking to get away from city life or just want to explore nature’s beauty.
Roosevelt (zip 56673) has an unemployment rate of 3.9%. The US average is 6.0%.
Roosevelt (zip 56673) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.
Tax Rates for Roosevelt (zip 56673)
- The Sales Tax Rate for Roosevelt (zip 56673) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Roosevelt (zip 56673) 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 Roosevelt (zip 56673)
- The average income of a Roosevelt (zip 56673) resident is $20,825 a year. The US average is $37,638 a year.
- The Median household income of a Roosevelt (zip 56673) resident is $54,375 a year. The US average is $69,021 a year.