Sanborn, Minnesota (56083) is a small city situated in the south-east corner of the state. It has a population of approximately 500 people and is known for its peaceful atmosphere. The 2 bedroom rent in Sanborn is $840 which is much lower than the national rate of $1,430. Furthermore, the Grocery Cost Index in this city is 94 compared to 100 in the US, making it quite affordable for groceries too.
Apart from housing and grocery costs, there are various local companies that offer services to residents of Sanborn. These include Ehlers Auto & Truck Repair which provides reliable auto repair services; Sanborn Family Funeral Home which offers funeral and burial services; Sanborn Veterinary Clinic offering animal care services; VanRoekel Total Service providing quality plumbing solutions; and lastly, Manna Cafe offering delicious breakfast, lunch and dinner meals.
Sanborn (zip 56083) has an unemployment rate of 5.5%. The US average is 6.0%.
Sanborn (zip 56083) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 5.0%, which is lower than the US average of 33.5%.
Tax Rates for Sanborn (zip 56083)
- The Sales Tax Rate for Sanborn (zip 56083) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Sanborn (zip 56083) 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 Sanborn (zip 56083)
- The average income of a Sanborn (zip 56083) resident is $26,140 a year. The US average is $28,555 a year.
- The Median household income of a Sanborn (zip 56083) resident is $53,500 a year. The US average is $69,021 a year.