Located in the small town of 55354 Lester Prairie, MN, 2 bedroom rent costs $860 per month, providing a much lower cost of living than the US average of $1430. The grocery cost index in this area is 98 versus 100 in the US - again proving a lower cost of living. Popular local companies include Gertens Greenhouse & Garden Center, Scenic Stitches Quilting, and Lester Prairie Auto Parts. Since 1905 Gertens has been your one-stop shop for gardening supplies, lawn care needs, and landscaping materials. Scenic Stitches Quilting offers fabric and long arm quilting services to their customers while Lester Prairie Auto Parts provides an extensive selection of automotive parts and accessories.
Lester Prairie (zip 55354) has an unemployment rate of 5.1%. The US average is 6.0%.
Lester Prairie (zip 55354) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Lester Prairie (zip 55354)
- The Sales Tax Rate for Lester Prairie (zip 55354) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lester Prairie (zip 55354) 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 Lester Prairie (zip 55354)
- The average income of a Lester Prairie (zip 55354) resident is $34,729 a year. The US average is $37,638 a year.
- The Median household income of a Lester Prairie (zip 55354) resident is $84,881 a year. The US average is $69,021 a year.