Zip 55927 (Dodge Center, MN) Economy


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Dodge Center, MN (zip code 55927) is a great place to live due to its affordability. According to the given information, rent for a two bedroom in Dodge Center is just $970 per month. This rent price is significantly lower than the national average for a two bedroom rental of $1,430. Additionally, grocery costs are also significantly lower in Dodge Center when compared to the US with an index of 97 versus 100.
Dodge Center offers many amenities that make living there enjoyable and convenient. Companies like Hy-Vee Grocery Store, Perkins Restaurant & Bakery, and Anderson Auto Parts provide locals with access to goods and services they need without having to travel far away from home. The city also has plenty of recreational activities including golf courses and parks. With such affordable cost of living and essential services available nearby, Dodge Center is an ideal place for people who want to enjoy all the benefits of living in the city without breaking the bank.

Dodge Center (zip 55927) has an unemployment rate of 4.9%. The US average is 6.0%.

Dodge Center (zip 55927) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.

Tax Rates for Dodge Center (zip 55927)
- The Sales Tax Rate for Dodge Center (zip 55927) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Dodge Center (zip 55927) 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 Dodge Center (zip 55927)
- The average income of a Dodge Center (zip 55927) resident is $37,053 a year. The US average is $37,638 a year.
- The Median household income of a Dodge Center (zip 55927) resident is $83,920 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDodge Center, MinnesotaUnited States
  4.96
  -0.8%-6.2%
  30.4%33.5%
  7.4%6.2%
  7.1%4.6%
  $37,053$37,638
  $83,920$69,021
  $91,641$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  7.6%6.8%
  15.3%10.0%
  3.9%2.5%
  9.4%11.0%
  3.6%4.8%
  0.1%0.8%
  0.3%1.9%
  2.9%4.7%
  0.0%1.9%
  2.8%7.6%
  0.0%0.1%
  4.0%4.2%
  7.2%9.3%
  25.1%14.0%
  0.3%2.1%
  2.6%7.0%
  6.0%4.8%
  3.0%4.7%
Health