Zip 56527 (Deer Creek, MN) Economy


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56527 Deer Creek, MN is an ideal place to settle down with its affordable 2 bedroom rent of $870. The grocery cost index is also favorable compared to the US at 95 versus 100. There are plenty of local businesses in the area such as Crossroads Dental, Schulke Electric Inc., Millers Auto Repair and Collision, J&J Maintenance Services and many more. All these companies provide top quality services in their respective fields ensuring satisfaction for all customers.

Deer Creek (zip 56527) has an unemployment rate of 5.3%. The US average is 6.0%.

Deer Creek (zip 56527) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.

Tax Rates for Deer Creek (zip 56527)
- The Sales Tax Rate for Deer Creek (zip 56527) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Deer Creek (zip 56527) 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 Deer Creek (zip 56527)
- The average income of a Deer Creek (zip 56527) resident is $20,095 a year. The US average is $28,555 a year.
- The Median household income of a Deer Creek (zip 56527) resident is $52,955 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDeer Creek, MinnesotaUnited States
  5.36
  -1.0%-6.2%
  34.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $23,904$37,638
  $52,955$69,021
  $63,068$85,028
  Population by Occupation
  4.6%1.2%
  0.0%0.5%
  12.7%6.8%
  13.8%10.0%
  7.1%2.5%
  13.4%11.0%
  4.6%4.8%
  0.0%0.8%
  0.9%1.9%
  1.4%4.7%
  0.0%1.9%
  0.5%7.6%
  0.2%0.1%
  2.1%4.2%
  5.3%9.3%
  18.4%14.0%
  0.0%2.1%
  9.7%7.0%
  1.6%4.8%
  3.7%4.7%
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