Zip 56450 (Garrison, MN) Economy


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United States / Minnesota / Brainerd Metro Area / Crow Wing County / No City / Garrison (zip 56450)
Garrison, MN, with a population of 56450 has an average 2 bedroom rent of $1,230 which is $200 less than the current national average. The area also has an incredibly low grocery cost index of 96 compared to the US at 100. As a resident you have access to local businesses such as Widseth Smith Nolting & Associates Inc., Life Insurance Company of North America, and Morrison County Abstract & Title Co. These companies offer numerous services ranging from insurance to title services for the greater Garrison area.

Garrison (zip 56450) has an unemployment rate of 6.0%. The US average is 6.0%.

Garrison (zip 56450) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Garrison (zip 56450)
- The Sales Tax Rate for Garrison (zip 56450) is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Garrison (zip 56450) 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 Garrison (zip 56450)
- The average income of a Garrison (zip 56450) resident is $32,455 a year. The US average is $37,638 a year.
- The Median household income of a Garrison (zip 56450) resident is $54,643 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGarrison, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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