Zip 56309 (Ashby, MN) Economy


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United States / Minnesota / No Metro Area / Grant County / Ashby / Ashby (zip 56309)
56309 Ashby, MN is a small town with a population of just over 500 people. It is located in Grant County off of Highway 59, making it an ideal rural location for those looking to escape the hustle and bustle of city life. The average rent for a 2 bedroom apartment in the area is $940 per month, which is significantly lower than the national average of $1,430. Additionally, groceries in 56309 Ashby cost index slightly below the national average at 98 versus 100.
The small town offers local companies such as Central Valley Co-op, Mel's Bar & Grill, and Hilltop Grocery Store. For outdoor recreation, there are several parks nearby such as Bockville Park and Long Lake Regional Park where visitors can enjoy camping, fishing, and hiking activities. The community also has access to various shops and restaurants like Schmitty’s Bar & Grill or Anderson’s Department Store. These amenities make 56309 Ashby an ideal destination for anyone looking for rustic charm without compromising on convenience.

Ashby (zip 56309) has an unemployment rate of 5.4%. The US average is 6.0%.

Ashby (zip 56309) 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 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Ashby (zip 56309)
- The Sales Tax Rate for Ashby (zip 56309) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ashby (zip 56309) 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 Ashby (zip 56309)
- The average income of a Ashby (zip 56309) resident is $30,287 a year. The US average is $28,555 a year.
- The Median household income of a Ashby (zip 56309) resident is $65,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshby, MinnesotaUnited States
  5.46
  -0.1%-6.2%
  22.4%33.5%
  6.9%6.2%
  7.1%4.6%
  $30,301$37,638
  $65,875$69,021
  $85,385$85,028
  Population by Occupation
  9.6%1.2%
  0.3%0.5%
  10.6%6.8%
  9.8%10.0%
  2.6%2.5%
  9.0%11.0%
  3.4%4.8%
  0.6%0.8%
  2.4%1.9%
  2.9%4.7%
  0.9%1.9%
  3.4%7.6%
  0.0%0.1%
  4.7%4.2%
  8.4%9.3%
  20.6%14.0%
  0.5%2.1%
  1.7%7.0%
  4.0%4.8%
  4.6%4.7%
Health