Zip 56676 (Shevlin, MN) Economy


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United States / Minnesota / No Metro Area / Clearwater County / No City / Shevlin (zip 56676)
56676 Shevlin, MN is a small city located in northern Minnesota. The median two-bedroom rent in Shevlin is $860 per month, much lower than the US median of $1,430. This makes Shevlin very attractive for renters looking to save money on their monthly housing costs. Additionally, the Grocery Cost Index in 56676 Shevlin is 95 versus 100 in the US, meaning groceries are also more affordable than the national average.
The area has plenty of job opportunities as it is home to local businesses such as Frontier Electric Co-op, Inc., McNeilus Steel Inc., Meadows at Eagle Ridge Golf Course, and many more. With its low cost of living and plentiful job opportunities 56676 Shevlin is an ideal choice for those looking for a small town lifestyle with big city amenities.

Shevlin (zip 56676) has an unemployment rate of 8.7%. The US average is 6.0%.

Shevlin (zip 56676) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 23.2%, which is lower than the US average of 33.5%.

Tax Rates for Shevlin (zip 56676)
- The Sales Tax Rate for Shevlin (zip 56676) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Shevlin (zip 56676) 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 Shevlin (zip 56676)
- The average income of a Shevlin (zip 56676) resident is $26,764 a year. The US average is $28,555 a year.
- The Median household income of a Shevlin (zip 56676) resident is $62,614 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShevlin, MinnesotaUnited States
  8.76
  -0.4%-6.2%
  23.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $32,164$37,638
  $62,614$69,021
  $72,981$85,028
  Population by Occupation
  5.9%1.2%
  1.2%0.5%
  14.7%6.8%
  11.3%10.0%
  0.5%2.5%
  12.5%11.0%
  5.5%4.8%
  0.0%0.8%
  1.2%1.9%
  1.0%4.7%
  1.0%1.9%
  4.4%7.6%
  0.3%0.1%
  2.0%4.2%
  7.3%9.3%
  14.9%14.0%
  0.9%2.1%
  4.2%7.0%
  6.9%4.8%
  4.3%4.7%
Health