Canby, MN (56220) is a small city located in Yellow Medicine County in the southwestern part of the state. It has a population of just over 2,000 people and offers a peaceful environment with plenty of outdoor activities. The average two bedroom rent in Canby is $810, which is considerably lower than the US average of $1,430. Grocery cost index in this area is 95 versus 100 in the US.
The city provides easy access to numerous stores and restaurants including Acme Market & Deli, The Root Beer Stande, and The General Store. Canby also features other local businesses such as B&B Couriers Express Mail Service, Anderson Dry Cleaners & Laundromat and Countryside Lumber. There are also several churches and schools available to residents like Our Savior's Lutheran Church and Canby High School.
Canby (zip 56220) has an unemployment rate of 4.4%. The US average is 6.0%.
Canby (zip 56220) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Canby (zip 56220)
- The Sales Tax Rate for Canby (zip 56220) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Canby (zip 56220) 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 Canby (zip 56220)
- The average income of a Canby (zip 56220) resident is $23,804 a year. The US average is $28,555 a year.
- The Median household income of a Canby (zip 56220) resident is $57,063 a year. The US average is $69,021 a year.