Zip 56585 (Ulen, MN) Economy


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Located in 56585 Ulen, Minnesota, is a small but growing city. The 2 bedroom rent is $870 which is lower than the US average of $1,430. Grocery costs are also slightly lower with a grocery cost index of 95 compared to 100 in the US. This makes it an attractive place for those looking for an affordable housing option. Additionally, Ulen offers a variety of local businesses ranging from retail stores and restaurants to professional services such as healthcare providers and auto mechanics. Local shopping options include Market Place Grocery Store, Abel’s Hardware & Appliance Center, and Ulen Mall. There are many dining options available including Grandma's Restaurant and Café 54. For professional services there are Parrish Insurance, R&R Medical Services, and J&J Automotive Repair to name a few.

Ulen (zip 56585) has an unemployment rate of 3.8%. The US average is 6.0%.

Ulen (zip 56585) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.

Tax Rates for Ulen (zip 56585)
- The Sales Tax Rate for Ulen (zip 56585) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Ulen (zip 56585) 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 Ulen (zip 56585)
- The average income of a Ulen (zip 56585) resident is $24,664 a year. The US average is $28,555 a year.
- The Median household income of a Ulen (zip 56585) resident is $50,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUlen, MinnesotaUnited States
  3.86
  -0.7%-6.2%
  29.1%33.5%
  7.4%6.2%
  7.1%4.6%
  $30,269$37,638
  $50,250$69,021
  $74,643$85,028
  Population by Occupation
  15.0%1.2%
  0.0%0.5%
  11.5%6.8%
  6.8%10.0%
  2.3%2.5%
  5.3%11.0%
  3.8%4.8%
  0.0%0.8%
  1.3%1.9%
  14.5%4.7%
  0.0%1.9%
  0.8%7.6%
  0.0%0.1%
  1.5%4.2%
  14.0%9.3%
  12.0%14.0%
  0.3%2.1%
  3.8%7.0%
  4.5%4.8%
  2.8%4.7%
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