Dakota, Minnesota, is a small city located in Goodhue County that has a population of 55925. It's a great place to live with an affordable cost of living; 2 bedroom rent in Dakota is typically around $870 compared to the US average of $1,430. The Grocery Cost Index in Dakota is on par with the US average, at 100. In addition to the low cost of living, there are plenty of local companies and amenities available for residents to enjoy. Some popular spots include Hungry Bear Steakhouse & Saloon, Chatterbox Cafe, and Kincaid's Pub & Grill. There are also numerous recreational opportunities such as parks, libraries and golf courses nearby for outdoor enthusiasts. All in all, Dakota is an ideal place to live for anyone looking for an affordable yet enjoyable living experience.
Dakota (zip 55925) has an unemployment rate of 3.7%. The US average is 6.0%.
Dakota (zip 55925) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Dakota (zip 55925)
- The Sales Tax Rate for Dakota (zip 55925) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Dakota (zip 55925) 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 Dakota (zip 55925)
- The average income of a Dakota (zip 55925) resident is $37,690 a year. The US average is $37,638 a year.
- The Median household income of a Dakota (zip 55925) resident is $84,063 a year. The US average is $69,021 a year.