Spicer, Minnesota (56288) is a great place to live given its affordable rent. The average two bedroom rent in the area is only $730 compared to the US average of $1,430. Additionally, grocery costs are the same as those of the US with an index score of 100. Spicer is home to several local businesses such as Spicer Cafe & Gift Shop, Stangl's Food Market, and Mollie's Kaffee Haus & Deli that provide delicious food and other products for residents. You can also find several well-known stores like Walmart and Target close by, as well as numerous restaurants like the Thai Place Kitchen and Gazebo Pizza. All these conveniences make life in Spicer enjoyable and affordable.
Spicer (zip 56288) has an unemployment rate of 4.9%. The US average is 6.0%.
Spicer (zip 56288) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.
Tax Rates for Spicer (zip 56288)
- The Sales Tax Rate for Spicer (zip 56288) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Spicer (zip 56288) 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 Spicer (zip 56288)
- The average income of a Spicer (zip 56288) resident is $52,532 a year. The US average is $37,638 a year.
- The Median household income of a Spicer (zip 56288) resident is $96,563 a year. The US average is $69,021 a year.