Salol, MN is a small town in the state of Minnesota with an estimated population of 56756. The average 2 bedroom rent in Salol is $900, which is significantly lower than the US average of $1430. Similarly, the Grocery Cost Index (GCI) in Salol is 95 compared to 100 in the US. This makes it more affordable to live in Salol than many other locations.
In terms of rent, local companies such as Northwood Property Management and ManageMyProperty can be helpful for those looking for housing options. For groceries, Salol Food Co-Op provides a wide array of fresh produce at discounted rates and Howe's Hardware Store has equipment you may need for home projects. With its low rent and GCI scores, Salol offers a great opportunity to save money while still receiving quality goods and services from local businesses.
Salol (zip 56756) has an unemployment rate of 3.9%. The US average is 6.0%.
Salol (zip 56756) has seen the job market decrease by -2.0% 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 Salol (zip 56756)
- The Sales Tax Rate for Salol (zip 56756) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Salol (zip 56756) 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 Salol (zip 56756)
- The average income of a Salol (zip 56756) resident is $25,442 a year. The US average is $28,555 a year.
- The Median household income of a Salol (zip 56756) resident is $69,167 a year. The US average is $69,021 a year.