Leota, Minnesota (56153) is an amazing city to call home. With a 2 bedroom rent of only $800, housing costs are much lower than the US average of $1,430. Groceries are even more affordable with a grocery cost index of 91 compared to the national average of 100. The local economy provides plenty of opportunities for employment with companies like Leota Service Center, Leota Implement Company, and Miller & Sons Garage. The area also boasts picturesque outdoor spaces for recreational activities such as fishing and camping. Overall, Leota, Minnesota offers all the amenities that make it a great place to live at an affordable price!
Leota (zip 56153) has an unemployment rate of 3.7%. The US average is 6.0%.
Leota (zip 56153) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.
Tax Rates for Leota (zip 56153)
- The Sales Tax Rate for Leota (zip 56153) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Leota (zip 56153) 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 Leota (zip 56153)
- The average income of a Leota (zip 56153) resident is $24,993 a year. The US average is $28,555 a year.
- The Median household income of a Leota (zip 56153) resident is $49,659 a year. The US average is $69,021 a year.