55717 Canyon, MN is a small city located in Wabasha County. The average 2 Bedroom rent for this area is $1,420 per month, which is slightly below the US average of $1,430. Similarly, the Grocery Cost Index for 55717 Canyon, MN is 100, the same as the national average. The city has several local companies such as Canyon Market & Deli and Wildwood Resort & Campground. Both of these establishments offer quality services to residents and visitors alike. Additionally, there are number of smaller businesses in the area that contribute to creating a strong economy in this part of Minnesota.
Canyon (zip 55717) has an unemployment rate of 4.8%. The US average is 6.0%.
Canyon (zip 55717) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Canyon (zip 55717)
- The Sales Tax Rate for Canyon (zip 55717) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Canyon (zip 55717) 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 Canyon (zip 55717)
- The average income of a Canyon (zip 55717) resident is $48,367 a year. The US average is $37,638 a year.
- The Median household income of a Canyon (zip 55717) resident is $63,125 a year. The US average is $69,021 a year.