55786 Taconite, MN is located in St. Louis County and is home to 1,460 people according to the last US Census. The average 2 bedroom rent in 55786 Taconite, MN is $990 which is much lower than the US average of $1,430. Additionally, the grocery cost index for this area is 92 versus 100 in the US on average. This makes 55786 Taconite, MN a great option for those looking for low cost rentals while still maintaining an excellent quality of life.
If looking for rental apartments or homes in 55786 Taconite, MN there are several local companies that could be contacted such as RentalHousesMN.com, Northland Rentals & Property Management LLC., and Red Pine Realty Inc. All these companies specialize in providing rentals at different price points throughout St. Louis County and surrounding areas.
Overall, 55786 Taconite Minnesota offers a great opportunity to find affordable rental apartments without sacrificing quality of life due to its relatively low rent prices when compared to other parts of the country and its general cost of living index score of 92 compared to 100 being the national average.
Taconite (zip 55786) has an unemployment rate of 6.2%. The US average is 6.0%.
Taconite (zip 55786) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Taconite (zip 55786)
- The Sales Tax Rate for Taconite (zip 55786) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Taconite (zip 55786) is 7.1%. The US average is 4.6%.
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Income and Salaries for Taconite (zip 55786)
- The average income of a Taconite (zip 55786) resident is $38,932 a year. The US average is $37,638 a year.
- The Median household income of a Taconite (zip 55786) resident is $51,938 a year. The US average is $69,021 a year.