Zip 56544 (Frazee, MN) Economy


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United States / Minnesota / No Metro Area / Becker County / Frazee / Frazee (zip 56544)
Frazee, Minnesota is located in Becker County and has a population of 56544. The cost of renting a 2 bedroom apartment in Frazee is $860, which is lower than the national average of $1,430. Additionally, grocery costs are slightly lower than the US index at 99 as opposed to 100. Frazee is home to many businesses such as Becker Community Center, Frazee Care and Rehabilitation Center, Frazee-Vergas Public Schools and Lakes Country Service Cooperative. Other businesses in the area include KJ's SuperValu Grocery Store, Fritz's Bar & Grill, and Hilltop Greenhouse & Garden Center.

Frazee (zip 56544) has an unemployment rate of 5.3%. The US average is 6.0%.

Frazee (zip 56544) has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Frazee (zip 56544)
- The Sales Tax Rate for Frazee (zip 56544) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Frazee (zip 56544) 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 Frazee (zip 56544)
- The average income of a Frazee (zip 56544) resident is $23,783 a year. The US average is $28,555 a year.
- The Median household income of a Frazee (zip 56544) resident is $65,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFrazee, MinnesotaUnited States
  5.36
  -2.2%-6.2%
  34.0%33.5%
  7.4%6.2%
  7.1%4.6%
  $31,946$37,638
  $65,833$69,021
  $80,708$85,028
  Population by Occupation
  7.3%1.2%
  0.2%0.5%
  7.8%6.8%
  16.8%10.0%
  1.4%2.5%
  12.8%11.0%
  6.9%4.8%
  0.2%0.8%
  1.3%1.9%
  2.7%4.7%
  0.6%1.9%
  2.8%7.6%
  0.2%0.1%
  2.3%4.2%
  6.9%9.3%
  12.5%14.0%
  1.1%2.1%
  7.2%7.0%
  5.6%4.8%
  3.5%4.7%
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