Easton, MN Economy


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United States / Minnesota / No Metro Area / Faribault County / Easton / Zip Codes
Easton, MN is a small town in the state of Minnesota with a population of around 1,000 people. Living in Easton is affordable with rent for a two bedroom averaging $1,090 per month compared to the national average of $1430. Groceries are also relatively inexpensive with an index score of 95 versus 100 in the US. Easton offers residents plenty of amenities at an affordable cost. Some local businesses include The Country Store and Pine Tree Cafe which provide groceries and meals at lower prices than many other locations in Minnesota. Additionally, there’s Bigwood Equipment which offers quality outdoor equipment at competitive prices. This combination makes Easton, MN an ideal place to live for those looking for affordability and convenience without sacrificing quality.

Easton has an unemployment rate of 5.2%. The US average is 6.0%.

Easton has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Easton
- The Sales Tax Rate for Easton is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Easton 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 Easton
- The average income of a Easton resident is $29,338 a year. The US average is $28,555 a year.
- The Median household income of a Easton resident is $73,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEaston, MinnesotaUnited States
  5.26
  -1.2%-6.2%
  21.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $30,605$37,638
  $73,500$69,021
  $81,250$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  10.2%6.8%
  20.4%10.0%
  3.1%2.5%
  13.3%11.0%
  3.1%4.8%
  1.0%0.8%
  5.1%1.9%
  4.1%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  0.0%4.2%
  17.3%9.3%
  3.1%14.0%
  0.0%2.1%
  1.0%7.0%
  5.1%4.8%
  10.2%4.7%
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