Adams, MN is a small rural community located in the heart of Minnesota and has a population of around 55909. It is a great place to live due to its low cost of living, as 2-bedroom rents are only $960 compared to the US average which is $1,430. Likewise, grocery cost index is 94 versus 100 in the US. In Adams, there are many local companies and services for residents to utilize. Some of these include Heimbach Automotive Services for car repairs, Adams Store which offers groceries and general items, and Adams Veterinary Clinic for animal care. There are also several parks and recreational areas nearby including Lake Emily State Park and Onion Creek Wildlife Management Area.
Adams (zip 55909) has an unemployment rate of 4.2%. The US average is 6.0%.
Adams (zip 55909) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.
Tax Rates for Adams (zip 55909)
- The Sales Tax Rate for Adams (zip 55909) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Adams (zip 55909) 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 Adams (zip 55909)
- The average income of a Adams (zip 55909) resident is $26,679 a year. The US average is $28,555 a year.
- The Median household income of a Adams (zip 55909) resident is $79,250 a year. The US average is $69,021 a year.