55784 Swan River, MN is a great place to live. The 2 bedroom rent in this city is much lower than the national average, only $950 compared to $1,430. The grocery cost index here is also lower than the national average, with a score of 94 compared to 100. This makes Swan River a great option for those looking for a more affordable lifestyle. In addition to the cost of living, there are plenty of local companies that provide jobs and services in the area. Some of these include AlwaysOn Technologies, Northern Minnesota Plumbing & Heating Co., and NDSU Extension Service - Pennington County Office. All three provide excellent opportunities for employment and services for citizens of Swan River and surrounding areas.
Swan River (zip 55784) has an unemployment rate of 6.2%. The US average is 6.0%.
Swan River (zip 55784) has seen the job market increase by 2.3% 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 Swan River (zip 55784)
- The Sales Tax Rate for Swan River (zip 55784) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Swan River (zip 55784) 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 Swan River (zip 55784)
- The average income of a Swan River (zip 55784) resident is $29,742 a year. The US average is $28,555 a year.
- The Median household income of a Swan River (zip 55784) resident is $44,375 a year. The US average is $69,021 a year.