Spring Lake, Minnesota (56680) is a great place to live with a lot of potential. The median 2 bedroom rent in this area is $980, which is much lower than the U.S. median of $1,430. Additionally, the Grocery Cost Index in Spring Lake is 97 versus 100 in the US - meaning that groceries are slightly cheaper here than in the rest of the country. This part of Minnesota has a variety of great local businesses to explore as well. Some popular places include Spring Lake Supper Club, The Artisan Cafe & Market, and Blue Moose Bar & Grill. With its low cost of living and abundance of local amenities, Spring Lake makes for an ideal place to call home!
Spring Lake (zip 56680) has an unemployment rate of 6.2%. The US average is 6.0%.
Spring Lake (zip 56680) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Spring Lake (zip 56680)
- The Sales Tax Rate for Spring Lake (zip 56680) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Spring Lake (zip 56680) 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 Spring Lake (zip 56680)
- The average income of a Spring Lake (zip 56680) resident is $31,929 a year. The US average is $37,638 a year.
- The Median household income of a Spring Lake (zip 56680) resident is $0 a year. The US average is $69,021 a year.