Zip 56129 (Ellsworth, MN) Economy


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Ellsworth, MN is a small city located in Goodhue County with a population of around 729 people. The cost of rent for a two-bedroom apartment is $830, which is significantly lower than the US average at $1,430. Living costs are also lower than the national average as indicated by the grocery cost index of 92 versus 100 in the US. This makes Ellsworth an appealing place to call home. \nThere are several local companies such as Ellsworth Co-op, Leicht Brothers, Inc., and Luckenbach-Miller Grain Company that help to make up the local economy. There are also several sites of interest such as Historic Bluff Country Scenic Byway which offers scenic views along the Mississippi River and Great River Road State Trail for biking or hiking enthusiasts. Additionally, there’s Primrose Park, where visitors can take part in fishing or bird watching activities in a natural setting. Ellsworth has something to offer everyone!

Ellsworth (zip 56129) has an unemployment rate of 3.7%. The US average is 6.0%.

Ellsworth (zip 56129) has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Ellsworth (zip 56129)
- The Sales Tax Rate for Ellsworth (zip 56129) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Ellsworth (zip 56129) 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 Ellsworth (zip 56129)
- The average income of a Ellsworth (zip 56129) resident is $26,308 a year. The US average is $28,555 a year.
- The Median household income of a Ellsworth (zip 56129) resident is $59,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEllsworth, MinnesotaUnited States
  3.76
  2.2%-6.2%
  22.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $27,127$37,638
  $59,063$69,021
  $83,611$85,028
  Population by Occupation
  23.7%1.2%
  0.0%0.5%
  9.2%6.8%
  8.3%10.0%
  0.9%2.5%
  5.1%11.0%
  6.0%4.8%
  0.5%0.8%
  2.1%1.9%
  3.0%4.7%
  0.0%1.9%
  2.5%7.6%
  0.0%0.1%
  1.8%4.2%
  11.1%9.3%
  18.2%14.0%
  0.5%2.1%
  4.6%7.0%
  2.1%4.8%
  0.5%4.7%
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