Zip 56227 (Correll, MN) Economy


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United States / Minnesota / No Metro Area / Big Stone County / No City / Correll (zip 56227)
Correll, MN is a small city located in Big Stone County with a population of 56227. The two bedroom rent in this city is $910 which is lower than the US average of $1,430. Also, the Grocery Cost Index in Correll is 95, which is lower than the US average of 100.
Local companies include Farmers Coop Elevator Company, Syverson Tile & Stone Inc., and Cornerstone Construction. There are many tourist attractions including Glacial Lakes State Park where visitors can enjoy activities such as fishing, swimming and boating. Other nearby attractions include Island Lake Beach and Memorial Park.
Schools that are located in Correll include Correll Elementary School and Clinton-Graceville-Beardsley High School. Both schools are part of the Lac Qui Parle Valley Schools district which provides students with an opportunity to get a quality education while staying close to home.

Correll (zip 56227) has an unemployment rate of 5.9%. The US average is 6.0%.

Correll (zip 56227) has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.

Tax Rates for Correll (zip 56227)
- The Sales Tax Rate for Correll (zip 56227) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Correll (zip 56227) 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 Correll (zip 56227)
- The average income of a Correll (zip 56227) resident is $33,302 a year. The US average is $28,555 a year.
- The Median household income of a Correll (zip 56227) resident is $83,333 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorrell, MinnesotaUnited States
  5.96
  0.6%-6.2%
  26.6%33.5%
  6.9%6.2%
  7.1%4.6%
  $34,840$37,638
  $83,333$69,021
  $83,182$85,028
  Population by Occupation
  32.2%1.2%
  2.7%0.5%
  0.7%6.8%
  3.4%10.0%
  4.7%2.5%
  14.1%11.0%
  10.7%4.8%
  0.0%0.8%
  0.0%1.9%
  0.7%4.7%
  0.7%1.9%
  2.7%7.6%
  0.0%0.1%
  0.0%4.2%
  1.3%9.3%
  25.5%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  0.7%4.7%
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