Becker, Minnesota (55308) is a small town located about an hour northwest of Minneapolis. It has a population of just under 4,000 people and is known for its rural charm and friendly atmosphere. Rent for a two-bedroom house in Becker is $1,220 per month, compared to the US average of $1,430 per month. Grocery costs in Becker are slightly higher than the national average - 101 on the grocery cost index versus 100 in the US.
Becker's local economy primarily revolves around agriculture and tourism. Local companies include Morning Star Dairy Farms, an organic dairy farm that also makes cheese and ice cream; Feathered Friends Poultry Farm, which produces free-range eggs; as well as several other smaller farms that produce fruits and vegetables. In addition to farming, Becker also has some retail stores, restaurants, and other businesses that attract tourists from nearby cities during summer months.
Becker (zip 55308) has an unemployment rate of 4.9%. The US average is 6.0%.
Becker (zip 55308) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 38.1%, which is higher than the US average of 33.5%.
Tax Rates for Becker (zip 55308)
- The Sales Tax Rate for Becker (zip 55308) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Becker (zip 55308) 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 Becker (zip 55308)
- The average income of a Becker (zip 55308) resident is $35,992 a year. The US average is $37,638 a year.
- The Median household income of a Becker (zip 55308) resident is $93,917 a year. The US average is $69,021 a year.