56541 Flom, MN is a small farming town in Norman County. The area offers a low cost of living with an average two-bedroom rent of $830, and grocery costs index of 93 compared to the US average of 100. Local companies in and around 56541 Flom, MN include Walz Equipment Inc, Einer's Repair Service, Grandview Market and Deli, and Schmigelski Logging. These businesses provide goods and services to the community ranging from farm equipment repair to grocery stores providing fresh produce and homemade deli items.
Flom (zip 56541) has an unemployment rate of 5.7%. The US average is 6.0%.
Flom (zip 56541) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%.
Tax Rates for Flom (zip 56541)
- The Sales Tax Rate for Flom (zip 56541) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Flom (zip 56541) is 7.1%. The US average is 4.6%.
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Income and Salaries for Flom (zip 56541)
- The average income of a Flom (zip 56541) resident is $39,490 a year. The US average is $37,638 a year.
- The Median household income of a Flom (zip 56541) resident is $76,250 a year. The US average is $69,021 a year.