55312 Brownton, MN is a small town with a population of just under 1,000. The average two bedroom rent in the area is $830, which is significantly lower than the national average of $1,430. Furthermore, compared to the US grocery cost index of 100, the local grocery cost index is 96. This means that groceries are likely cheaper in Brownton than elsewhere in the US. Local companies in 55312 Brownton include K & R Industries Inc., Countryside Co-op Services, and Anderson Implement Company. These businesses serve as anchors of the local economy and bring much needed employment to the area.
Brownton (zip 55312) has an unemployment rate of 5.1%. The US average is 6.0%.
Brownton (zip 55312) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Brownton (zip 55312)
- The Sales Tax Rate for Brownton (zip 55312) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Brownton (zip 55312) 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 Brownton (zip 55312)
- The average income of a Brownton (zip 55312) resident is $28,055 a year. The US average is $28,555 a year.
- The Median household income of a Brownton (zip 55312) resident is $78,750 a year. The US average is $69,021 a year.