Fisher, Minnesota is a small rural town with a population of 56723. The median two bedroom rent in Fisher is significantly lower than the US median at $810 compared to $1,430, making it an excellent place for those looking for affordable housing. In addition to low-cost housing, Fisher boasts lower than average grocery costs; the Grocery Cost Index in Fisher is 99 versus 100 in the US. This makes it even cheaper to live there.
Fisher has plenty of local companies that make up its economy including Twin Valley Bank, Renville County Grain Co., and E&D Foodservice Distributors. These businesses provide employment opportunities and essential services in the area.
Overall, Fisher offers a great quality of life with an affordable cost of living -lower than average rent prices combined with low grocery costs make it an ideal place to start a family or pursue life on a budget.
Fisher (zip 56723) has an unemployment rate of 4.9%. The US average is 6.0%.
Fisher (zip 56723) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Fisher (zip 56723)
- The Sales Tax Rate for Fisher (zip 56723) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Fisher (zip 56723) 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 Fisher (zip 56723)
- The average income of a Fisher (zip 56723) resident is $39,995 a year. The US average is $37,638 a year.
- The Median household income of a Fisher (zip 56723) resident is $99,688 a year. The US average is $69,021 a year.