Conger, MN (zip code 56020) is a small city located in Freeborn County with an estimated population of only 375 people. The average 2 bedroom rent in Conger is $770 according to recent data, which is significantly lower than the national average of $1,430. Additionally, local grocery costs are much more budget-friendly compared to the US as the Grocery Cost Index stands at 92. This means that grocery prices are 8% cheaper than in the US. Overall, Conger is a great option for those looking for relatively low rental prices and cheap groceries. Some prominent local companies include Blue Earth County Coop Oil Co., Mckenzie Seed Company Inc., and Doug Johnson Farms Inc. The percentage difference between rent in Conger when compared to the US average of $1,430 would be 45.8%.
Conger (zip 56020) has an unemployment rate of 4.5%. The US average is 6.0%.
Conger (zip 56020) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Conger (zip 56020)
- The Sales Tax Rate for Conger (zip 56020) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Conger (zip 56020) 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 Conger (zip 56020)
- The average income of a Conger (zip 56020) resident is $26,590 a year. The US average is $37,638 a year.
- The Median household income of a Conger (zip 56020) resident is $63,750 a year. The US average is $69,021 a year.