Soudan, MN 55782 is a small city located in the North of Minnesota. It is home to several local businesses including Soudan Supermarket, K-bear Grocery Store, and Jojo's Bar and Grill. This quaint town also offers a variety of outdoor activities like snowmobiling, cross country skiing and mountain biking at nearby Bear Head Lake State Park. The average rent for a two bedroom apartment in Soudan is $890 compared to the US average of $1430 - making it an affordable option for those looking for an escape from the big city. Furthermore, the grocery cost index in Soudan is 91 versus 100 in the US which makes living here even more economical.
Soudan (zip 55782) has an unemployment rate of 4.8%. The US average is 6.0%.
Soudan (zip 55782) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Soudan (zip 55782)
- The Sales Tax Rate for Soudan (zip 55782) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Soudan (zip 55782) 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 Soudan (zip 55782)
- The average income of a Soudan (zip 55782) resident is $33,475 a year. The US average is $37,638 a year.
- The Median household income of a Soudan (zip 55782) resident is $49,583 a year. The US average is $69,021 a year.