Humboldt, MN (56731) is a small rural town located in northwestern Minnesota. It has an estimated population of about 1,700 people and offers a peaceful living environment. The 2 Bedroom rent in Humboldt, MN is relatively affordable at $810 compared to the US average of $1,430. Furthermore, the Grocery Cost Index for Humboldt is 92 versus 100 in the US. Local businesses that serve the community include Halvorson's Grocery & Variety Store, Stordahl's Hardware Hank Inc., and Ace Hardware. There are also several local restaurants such as The Roasted Bean Caf茅 and The Corner Bar & Grill serving delicious meals to locals and visitors alike.
Humboldt (zip 56731) has an unemployment rate of 4.0%. The US average is 6.0%.
Humboldt (zip 56731) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 18.6%, which is lower than the US average of 33.5%.
Tax Rates for Humboldt (zip 56731)
- The Sales Tax Rate for Humboldt (zip 56731) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Humboldt (zip 56731) is 7.1%. The US average is 4.6%.
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Income and Salaries for Humboldt (zip 56731)
- The average income of a Humboldt (zip 56731) resident is $20,090 a year. The US average is $37,638 a year.
- The Median household income of a Humboldt (zip 56731) resident is $55,000 a year. The US average is $69,021 a year.