Zip 56310 (Avon, MN) Economy


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56310 Avon, MN is an ideal location for those looking for a low cost of living and plenty of activities to enjoy. The average 2 bedroom rent in Avon is approximately $850, which is significantly less than the national average of $1,430. Grocery costs are on par with the US at 100 on the Cost Index. Additionally, Avon boasts a range of local companies and amenities including popular eateries like Moar Pancakes and Little Sprouts Learning Center. The city also offers an abundance of outdoor attractions for families to explore such as the Quarry Park & Nature Preserve and Hawk Creek Wildlife Center.

Avon (zip 56310) has an unemployment rate of 4.7%. The US average is 6.0%.

Avon (zip 56310) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.

Tax Rates for Avon (zip 56310)
- The Sales Tax Rate for Avon (zip 56310) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Avon (zip 56310) 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 Avon (zip 56310)
- The average income of a Avon (zip 56310) resident is $30,962 a year. The US average is $28,555 a year.
- The Median household income of a Avon (zip 56310) resident is $95,240 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAvon, MinnesotaUnited States
  4.76
  -2.4%-6.2%
  33.8%33.5%
  7.1%6.2%
  7.1%4.6%
  $36,721$37,638
  $95,240$69,021
  $103,171$85,028
  Population by Occupation
  2.4%1.2%
  0.7%0.5%
  10.5%6.8%
  17.2%10.0%
  4.7%2.5%
  8.2%11.0%
  9.5%4.8%
  0.5%0.8%
  1.0%1.9%
  3.4%4.7%
  1.1%1.9%
  4.1%7.6%
  0.0%0.1%
  1.2%4.2%
  10.0%9.3%
  15.8%14.0%
  0.4%2.1%
  4.0%7.0%
  2.6%4.8%
  2.5%4.7%
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