Eyota, MN is a small town located in Olmsted County, with a population of just over 1,700. The town is known for its tranquil atmosphere and low cost of living. The average 2 bedroom rent is $960 per month, much lower than the US average of $1,430. Additionally, the local Grocery Cost Index is 99 versus the US benchmark of 100, offering savings to those living in this area. Eyota offers its residents many services such as general medical care at Mayo Clinic-Olmsted Medical Center and retail outlets like Ace Hardware and Wildwood Liquor Store. There are also many restaurants such as Lanesboro Pastry Shop and Countryside Cafe which provide delicious meals for all budgets. Eyota's local economy has been steady over the last few years with an unemployment rate well below the national average. Overall Eyota offers its residents a low cost of living combined with an array of services and amenities brought to life by its friendly citizens.
Eyota has an unemployment rate of 3.7%. The US average is 6.0%.
Eyota has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 33.6%, which is higher than the US average of 33.5%.
Tax Rates for Eyota
- The Sales Tax Rate for Eyota is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Eyota 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 Eyota
- The average income of a Eyota resident is $27,017 a year. The US average is $28,555 a year.
- The Median household income of a Eyota resident is $69,375 a year. The US average is $69,021 a year.