55787 Tamarack, MN is a great place to live for those looking for a more affordable cost of living. The average rent for a two bedroom apartment in the area is only $1,010 compared to the national average of $1,430. In addition to this, the grocery cost index in the area is 98 versus 100 in the US. This means that groceries are slightly cheaper than other places. 55787 Tamarack, MN has plenty of local attractions and companies to explore. Some of these include South Park Mall, which offers great shopping options near the city center, as well as MnNational Parks & Trails which covers an incredible 3 million acres of land full of hiking trails and beautiful sights. There are also several local restaurants such as The Boathouse Bar & Grill and M&T Pizza that offer delicious meals at an affordable price. Overall 55787 Tamarack, MN makes it easy to save money while still enjoying all the benefits of living somewhere exciting!
Tamarack (zip 55787) has an unemployment rate of 7.1%. The US average is 6.0%.
Tamarack (zip 55787) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Tamarack (zip 55787)
- The Sales Tax Rate for Tamarack (zip 55787) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Tamarack (zip 55787) 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 Tamarack (zip 55787)
- The average income of a Tamarack (zip 55787) resident is $30,783 a year. The US average is $37,638 a year.
- The Median household income of a Tamarack (zip 55787) resident is $57,857 a year. The US average is $69,021 a year.