56116 Beaver Creek, MN is a small town located nearby the Minnesota River. It has a population of approximately 2,000 people. Rent for a two bedroom apartment in this area is relatively low at just $1,160 per month. Grocery costs are even lower with an index of 98 compared to the US average of 100.
Local businesses in 56116 Beaver Creek include small restaurants such as Applebee’s, Home Town Pizza & Steak House and The Tap House Bar & Grill. Shopping is available at the local Walmart Supercenter or at smaller shops like Smith’s Pharmacy and Town and Country Grocery Store.
For those interested in outdoor recreation activities, the town has plenty to offer. Popular destinations include Prairie Island Park which features a lake beach shoreline and boat launch and Fort Ridgely State Park which offers camping areas and trails through its wooded hillsides. Tourist attractions in 56116 Beaver Creek include tours from The Big Stone Mini-Train Company where visitors can explore the countryside by train or buggy rides on the prairie with M&M Horse Rides.
Beaver Creek (zip 56116) has an unemployment rate of 2.7%. The US average is 6.0%.
Beaver Creek (zip 56116) has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Beaver Creek (zip 56116)
- The Sales Tax Rate for Beaver Creek (zip 56116) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Beaver Creek (zip 56116) 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 Beaver Creek (zip 56116)
- The average income of a Beaver Creek (zip 56116) resident is $26,924 a year. The US average is $28,555 a year.
- The Median household income of a Beaver Creek (zip 56116) resident is $87,813 a year. The US average is $69,021 a year.