Austin, Minnesota is a vibrant city located in Mower County, with an estimated population of 24,718 as of 2019. Living in Austin comes with some great benefits including access to two-bedroom rental prices that are significantly lower than the national average at $970. Additionally, grocery costs here are well below the national average index at 93 versus 100.
When living in Austin you will have easy access to plenty of entertainment options such as Hormel Historic Home, Oakland Park Zoo and Spam Museum. You can enjoy delicious eats from local eateries like Papa’s Pub & Eatery or The Landing Bar & Grill. For shopping needs check out Oak Hills Lane Shopping Center where you will find all of your big box stores and more. With all these amenities and so much more under its belt, Austin is truly a unique place to call home!
Austin (zip 55912) has an unemployment rate of 4.2%. The US average is 6.0%.
Austin (zip 55912) 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 Austin (zip 55912)
- The Sales Tax Rate for Austin (zip 55912) is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Austin (zip 55912) 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 Austin (zip 55912)
- The average income of a Austin (zip 55912) resident is $24,480 a year. The US average is $28,555 a year.
- The Median household income of a Austin (zip 55912) resident is $57,044 a year. The US average is $69,021 a year.