Zip 55936 (Grand Meadow, MN) Economy


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Grand Meadow, Minnesota is a small city with a population of just over 500 people. The area is known for its peaceful atmosphere and rural charm. The 2 Bedroom rent in Grand Meadow is $1,000 which is lower than the US average of $1,430. The grocery cost index in Grand Meadow is 95 versus 100 in the US which makes it an affordable place to live. Local companies in Grand Meadow include Heartland Harvest Farm, Grand Meadow Grocery Store, and more. Residents enjoy nearby amenities such as Wissota Golf Course, Small Town Park and Elmer J Hartung Memorial Park. With its low cost of living and quiet atmosphere, Grand Meadow is an ideal place for those looking for a peaceful lifestyle.

Grand Meadow (zip 55936) has an unemployment rate of 4.2%. The US average is 6.0%.

Grand Meadow (zip 55936) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.7%, which is lower than the US average of 33.5%.

Tax Rates for Grand Meadow (zip 55936)
- The Sales Tax Rate for Grand Meadow (zip 55936) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Grand Meadow (zip 55936) 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 Grand Meadow (zip 55936)
- The average income of a Grand Meadow (zip 55936) resident is $29,049 a year. The US average is $28,555 a year.
- The Median household income of a Grand Meadow (zip 55936) resident is $66,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGrand Meadow, MinnesotaUnited States
  4.26
  0.5%-6.2%
  29.7%33.5%
  7.4%6.2%
  7.1%4.6%
  $36,550$37,638
  $66,063$69,021
  $89,375$85,028
  Population by Occupation
  5.9%1.2%
  0.0%0.5%
  5.7%6.8%
  9.6%10.0%
  4.1%2.5%
  9.5%11.0%
  8.0%4.8%
  0.6%0.8%
  1.5%1.9%
  4.3%4.7%
  0.4%1.9%
  2.0%7.6%
  0.0%0.1%
  1.5%4.2%
  7.4%9.3%
  24.1%14.0%
  0.7%2.1%
  8.0%7.0%
  5.2%4.8%
  1.4%4.7%
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