Zip 56039 (Granada, MN) Economy


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United States / Minnesota / No Metro Area / Martin County / Granada / Granada (zip 56039)
56039 Granada, MN is a great place to rent an apartment due to its low rental market rate of $760 for a two bedroom which is significantly lower than the US average of $1,430. Furthermore, Grocery costs in 56039 Granada are also cheaper with a Grocery Cost Index of 95 as compared to 100 in the US. Local companies that may help prospective renters include Real Estate Excel, Inc., Faribault Realty and Management Company, and Bluff Country Realty. All three of these companies provide housing options in Granada ranging from one-bedroom apartments to multi-family homes. Additionally, Bluff Country Realty offers additional services such as property management and real estate appraisal services.

Granada (zip 56039) has an unemployment rate of 4.3%. The US average is 6.0%.

Granada (zip 56039) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Granada (zip 56039)
- The Sales Tax Rate for Granada (zip 56039) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Granada (zip 56039) 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 Granada (zip 56039)
- The average income of a Granada (zip 56039) resident is $34,469 a year. The US average is $37,638 a year.
- The Median household income of a Granada (zip 56039) resident is $74,519 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGranada, MinnesotaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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