Zip 55934 (Eyota, MN) Economy


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55934 Eyota, MN is a small town located in Olmsted County. It has a population of about 1,676 people and the median household income is $45,870. The town is home to several local businesses such as Pete’s Bike Shop, Eyota Variety Store, and Grandpa’s Glass Shop. The cost of rent for a two-bedroom apartment in this area is $990 while the US average for the same size apartment is $1,430. Additionally, grocery costs are highly affordable with an index score of 99 compared to 100 in the US.
Aside from its excellent shopping opportunities and low cost of living, 55934 Eyota, MN also has plenty of things to do and see. Top attractions include the nearby Oxbow Park where locals enjoy biking trails and scenic views. There’s also the Plummer House—a beautiful historic mansion that serves as a museum and banquet hall. Lastly, 55934 Eyota offers some great fishing spots at Cedar Lake where visitors can find bass and panfish year round.

Eyota (zip 55934) has an unemployment rate of 3.7%. The US average is 6.0%.

Eyota (zip 55934) 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 33.6%, which is higher than the US average of 33.5%.

Tax Rates for Eyota (zip 55934)
- The Sales Tax Rate for Eyota (zip 55934) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Eyota (zip 55934) 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 Eyota (zip 55934)
- The average income of a Eyota (zip 55934) resident is $29,576 a year. The US average is $28,555 a year.
- The Median household income of a Eyota (zip 55934) resident is $76,008 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEyota, MinnesotaUnited States
  3.76
  -0.9%-6.2%
  33.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $37,026$37,638
  $76,008$69,021
  $88,512$85,028
  Population by Occupation
  4.3%1.2%
  0.2%0.5%
  10.4%6.8%
  8.4%10.0%
  3.1%2.5%
  5.7%11.0%
  2.5%4.8%
  1.3%0.8%
  0.5%1.9%
  3.2%4.7%
  1.0%1.9%
  1.9%7.6%
  0.0%0.1%
  1.9%4.2%
  13.4%9.3%
  30.1%14.0%
  0.9%2.1%
  1.9%7.0%
  5.1%4.8%
  4.1%4.7%
Health