56681 Squaw Lake, MN is a small town located in Itasca County. With a population of only 472, it is an ideal destination for those looking to enjoy the peace and serenity of rural living. The median 2 bedroom rent in Squaw Lake is $970, much lower than the US average of $1,430. Additionally, the grocery cost index in Squaw Lake is 97 compared to 100 in the US making staples like food more affordable for locals. \nThere are several local businesses in 56681 Squaw Lake, MN that residents frequent including Northern Lights Resort & Outfitters for outdoor activities such as hunting and fishing as well as many small convenience stores and restaurants throughout the town. There's also Wigwam Resort which offers vacation rental cabins and RV spaces on beautiful Squaw Lake. Other popular local businesses include Pappy’s Corner Store which serves up homemade ice cream treats and The Family Tree restaurant which serves classic American fare.
Squaw Lake (zip 56681) has an unemployment rate of 6.2%. The US average is 6.0%.
Squaw Lake (zip 56681) 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 Squaw Lake (zip 56681)
- The Sales Tax Rate for Squaw Lake (zip 56681) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Squaw Lake (zip 56681) 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 Squaw Lake (zip 56681)
- The average income of a Squaw Lake (zip 56681) resident is $23,257 a year. The US average is $37,638 a year.
- The Median household income of a Squaw Lake (zip 56681) resident is $46,250 a year. The US average is $69,021 a year.