Zip 55910 (Altura, MN) Economy


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Altura, MN is a small city located in the southeastern corner of Winona County in Minnesota. The 2 Bedroom rent in Altura is $900, which is much lower than the US average of $1,430. Furthermore, the Grocery Cost Index in the city is 97 versus 100 for the US average. This makes Altura an affordable place to live with low cost of living expenses.
Residents of Altura have access to a variety of local businesses that provide goods and services to the community. Two notable companies are The Trading Post and Shop N Save Groceries. The Trading Post is a hardware store chain that provides tools and equipment for home improvement projects. Meanwhile, Shop N Save Groceries is a local grocery store specializing in fresh produce and natural products at great prices. Both companies help make life easier for Altura's citizens by providing quality products and services close to home.

Altura (zip 55910) has an unemployment rate of 3.7%. The US average is 6.0%.

Altura (zip 55910) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Altura (zip 55910)
- The Sales Tax Rate for Altura (zip 55910) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Altura (zip 55910) 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 Altura (zip 55910)
- The average income of a Altura (zip 55910) resident is $27,783 a year. The US average is $28,555 a year.
- The Median household income of a Altura (zip 55910) resident is $68,594 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAltura, MinnesotaUnited States
  3.76
  -3.5%-6.2%
  24.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $35,763$37,638
  $68,594$69,021
  $82,875$85,028
  Population by Occupation
  13.5%1.2%
  0.0%0.5%
  8.3%6.8%
  15.0%10.0%
  1.1%2.5%
  6.9%11.0%
  6.0%4.8%
  0.5%0.8%
  1.2%1.9%
  2.6%4.7%
  1.1%1.9%
  1.5%7.6%
  0.0%0.1%
  0.5%4.2%
  6.0%9.3%
  24.3%14.0%
  1.1%2.1%
  5.4%7.0%
  3.1%4.8%
  2.1%4.7%
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