St. Martin, MN (zip code 56376) is a rural community located in the Central Lakes region of Minnesota. It offers a peaceful setting with plenty of open space, parks, and natural beauty. The 2 bedroom rental rate in St. Martin is lower than the national average at $820 per month, making it an affordable option for those looking to make a move. Additionally, grocery costs are relatively low compared to the US index at 96 versus 100 respectively. In terms of local businesses, St. Martin has several, including S & G Salvage Inc., T & D Manufacturing Inc., and Schommer & Sons Dairy Farm LLC., which offer a variety of goods and services to their customers. Despite its small size, St. Martin provides residents with many amenities that can be found in more metropolitan areas.
St. Martin (zip 56376) has an unemployment rate of 4.7%. The US average is 6.0%.
St. Martin (zip 56376) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for St. Martin (zip 56376)
- The Sales Tax Rate for St. Martin (zip 56376) is 7.6%. The US average is 7.3%.
- The Income Tax Rate for St. Martin (zip 56376) 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 St. Martin (zip 56376)
- The average income of a St. Martin (zip 56376) resident is $23,711 a year. The US average is $28,555 a year.
- The Median household income of a St. Martin (zip 56376) resident is $67,500 a year. The US average is $69,021 a year.