Viola, MN Economy


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Viola, MN is an ideal place to live. The city offers low rental prices for two bedroom homes at only $970 compared to the national average of $1430. Additionally, the grocery cost index in Viola, MN is also lower than the national average at 99 compared to 100. Companies in Viola include F&M Farms, a family owned farm and food processing plant, as well as Creekfale Electric and Plumbing Inc., providing residential services for all electrical and plumbing needs. Attractions in Viola are plentiful; visit historic Fort Ridgley or take a scenic drive along the Cannon River. For outdoor activities you can hike or explore the state parks nearby.

Viola has an unemployment rate of 3.7%. The US average is 6.0%.

Viola 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 Viola
- The Sales Tax Rate for Viola is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Viola 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 Viola
- The average income of a Viola resident is $34,429 a year. The US average is $28,555 a year.
- The Median household income of a Viola resident is $108,269 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyViola, MinnesotaUnited States
  3.76
  -0.9%-6.2%
  33.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $49,842$37,638
  $108,269$69,021
  $109,545$85,028
  Population by Occupation
  13.6%1.2%
  0.0%0.5%
  12.3%6.8%
  4.0%10.0%
  5.6%2.5%
  7.4%11.0%
  0.9%4.8%
  1.5%0.8%
  0.6%1.9%
  4.9%4.7%
  1.9%1.9%
  3.1%7.6%
  0.0%0.1%
  8.0%4.2%
  6.2%9.3%
  21.3%14.0%
  0.9%2.1%
  0.0%7.0%
  6.2%4.8%
  1.5%4.7%
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