Shelly, MN is a small town located in the state of Minnesota with a population of 56581. It is known for its affordability, especially when it comes to rent. The average 2 bedroom rent in Shelly is $730 compared the national average of $1,430. Grocery costs are also relatively low, with an index rating of 92 versus 100 in the US. This makes Shelly a great place to live for those looking for an affordable cost of living. Not only does it have great rental and food costs, but there are local companies that provide great services and products to the community. Big City Motorsports offers motorbikes and accessories, while G & L Paving provides quality asphalt paving services around the city. Other services include DJC Super Wash Carwash and Lube, Johnson Financial Services, and Tappan Construction Co., which specialize in remodeling and landscaping projects. With all these businesses providing jobs and services to the citizens in Shelly, it truly is an amazing place to live!
Shelly (zip 56581) has an unemployment rate of 5.7%. The US average is 6.0%.
Shelly (zip 56581) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Shelly (zip 56581)
- The Sales Tax Rate for Shelly (zip 56581) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Shelly (zip 56581) 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 Shelly (zip 56581)
- The average income of a Shelly (zip 56581) resident is $29,227 a year. The US average is $37,638 a year.
- The Median household income of a Shelly (zip 56581) resident is $49,444 a year. The US average is $69,021 a year.