Zip 55943 (Houston, MN) Economy


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Houston, MN, with a population of 55943 is a small city located in Minnesota. Despite its size, it's known for its affordable housing. The average 2 Bedroom rent in Houston is $870 per month, significantly lower than the national average at $1,430 per month. Similarly, Houston also boasts a lower Grocery Cost Index than the US average. At 96 compared to 100, groceries are more affordable in Houston than elsewhere.
Houston offers plenty of employment opportunities; local companies include food processing business J&J Foods Inc., construction services provider Gerhardson Construction and fencing company AMF Fence Company LLC. These companies create jobs for locals and contribute to Houston’s overall quality of life.
Overall, Houston provides an excellent cost of living with its low housing costs and grocery prices. With many job opportunities available at local businesses like J&J Foods Inc., Gerhardson Construction and AMF Fence Company LLC., it’s no wonder why so many people choose to live in this city.

Houston (zip 55943) has an unemployment rate of 4.4%. The US average is 6.0%.

Houston (zip 55943) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.

Tax Rates for Houston (zip 55943)
- The Sales Tax Rate for Houston (zip 55943) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Houston (zip 55943) 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 Houston (zip 55943)
- The average income of a Houston (zip 55943) resident is $29,604 a year. The US average is $37,638 a year.
- The Median household income of a Houston (zip 55943) resident is $59,271 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHouston, 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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