Zip 56128 (Edgerton, MN) Economy


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United States / Minnesota / No Metro Area / Pipestone County / Edgerton / Edgerton (zip 56128)
Edgerton, Minnesota, located in the zip code 56128, is a small town with a population of 1,118. It offers affordable living options with 2 bedroom rent being $990 compared to the US average of $1,430. This makes Edgerton an attractive option for those on a budget. In addition to low rent prices, Edgerton also has a low grocery cost index score of 96 versus 100 in the US. This means that groceries are considerably cheaper than the national average. Edgerton is home to local businesses such as Nancy's Country Store and Zylstra Automotive and Tires providing convenient shopping close by. The overall low cost of living makes Edgerton an attractive place for those looking for an inexpensive place to call home.

Edgerton (zip 56128) has an unemployment rate of 5.1%. The US average is 6.0%.

Edgerton (zip 56128) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.

Tax Rates for Edgerton (zip 56128)
- The Sales Tax Rate for Edgerton (zip 56128) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Edgerton (zip 56128) 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 Edgerton (zip 56128)
- The average income of a Edgerton (zip 56128) resident is $25,189 a year. The US average is $28,555 a year.
- The Median household income of a Edgerton (zip 56128) resident is $65,662 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEdgerton, MinnesotaUnited States
  5.16
  -5.5%-6.2%
  28.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $31,425$37,638
  $65,662$69,021
  $85,391$85,028
  Population by Occupation
  12.2%1.2%
  0.9%0.5%
  7.9%6.8%
  13.2%10.0%
  1.8%2.5%
  7.7%11.0%
  9.7%4.8%
  0.9%0.8%
  1.1%1.9%
  4.6%4.7%
  0.0%1.9%
  2.5%7.6%
  0.0%0.1%
  3.3%4.2%
  7.8%9.3%
  15.8%14.0%
  1.2%2.1%
  2.3%7.0%
  5.1%4.8%
  2.0%4.7%
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