Storden, Minnesota has a population of about 561 people and is located in Cottonwood County. The two-bedroom rent in Storden is notably less than the national average at $750 per month. Grocery costs in Storden index at 91 compared to the US average of 100. Local businesses include Olson Brothers Auto, Clover Needleworks, and Cottonwood County Coop. In conclusion, Storden is an affordable option for renters looking for small town living with the convenience and amenities of local businesses for maintaining daily life.
Storden (zip 56174) has an unemployment rate of 4.1%. The US average is 6.0%.
Storden (zip 56174) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 12.8%, which is lower than the US average of 33.5%.
Tax Rates for Storden (zip 56174)
- The Sales Tax Rate for Storden (zip 56174) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Storden (zip 56174) 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 Storden (zip 56174)
- The average income of a Storden (zip 56174) resident is $21,720 a year. The US average is $28,555 a year.
- The Median household income of a Storden (zip 56174) resident is $56,500 a year. The US average is $69,021 a year.