Alpha, MN (zip code 56111) is a great place to live. It is located in Freeborn County and is close to major cities like Minneapolis and St Paul. The average cost of renting a 2 bedroom apartment in Alpha is $940, which is significantly lower than the national average of $1,430. Alpha also has an excellent Grocery Cost Index of 95 versus the US rate of 100, making it more affordable to buy groceries here. The city offers plenty of attractions and activities for its residents too; from golf courses, spas and parks to local businesses such as the Alpha Family Restaurant and Alpha Sporting Goods. There are also several events hosted throughout the year that draw in locals and visitors alike. All this makes Alpha, MN a great place to call home.
Alpha (zip 56111) has an unemployment rate of 4.3%. The US average is 6.0%.
Alpha (zip 56111) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 6.7%, which is lower than the US average of 33.5%.
Tax Rates for Alpha (zip 56111)
- The Sales Tax Rate for Alpha (zip 56111) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Alpha (zip 56111) 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 Alpha (zip 56111)
- The average income of a Alpha (zip 56111) resident is $55,443 a year. The US average is $37,638 a year.
- The Median household income of a Alpha (zip 56111) resident is $72,917 a year. The US average is $69,021 a year.