Proctor, Minnesota is a small town in St. Louis County with a population of 5,581 people (as of 2019). The average rent for a 2 bedroom apartment in this area is $980, which is significantly lower than the national average of $1,430. Furthermore, the cost of groceries in Proctor is 98 on the Grocery Cost Index versus 100 for the US overall - making living costs relatively affordable. Proctor is also home to several well-known businesses such as Minnesota Power, Superior National Bank & Trust Company and Kolar Chevrolet Buick GMC. Compared to the US in general, living costs are much more reasonable in Proctor and there are plenty of job opportunities available with local companies.
Proctor (zip 55810) has an unemployment rate of 4.8%. The US average is 6.0%.
Proctor (zip 55810) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Proctor (zip 55810)
- The Sales Tax Rate for Proctor (zip 55810) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Proctor (zip 55810) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Proctor (zip 55810)
- The average income of a Proctor (zip 55810) resident is $35,951 a year. The US average is $37,638 a year.
- The Median household income of a Proctor (zip 55810) resident is $71,101 a year. The US average is $69,021 a year.