Lonsdale, Minnesota is a small city with a population of just over 1,000 people. Located in Rice County, it has everything you need to make life enjoyable. The two bedroom rent in the area is $1,090 which is slightly lower than the national average of $1,430. Grocery costs are also lower with an index of 101 compared to 100 for the US.
The local economy of Lonsdale largely revolves around agriculture and tourism. There are several family owned businesses in town as well as larger companies who have locations nearby such as 3M Company and New Prague Co-op. Residents enjoy plenty of outdoor activities at nearby parks like Lake Rebecca Park Reserve and Minnesota Valley State Recreation Area. Other amenities include shopping centers, restaurants, a library, churches and schools.
Lonsdale (zip 55046) has an unemployment rate of 4.2%. The US average is 6.0%.
Lonsdale (zip 55046) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.
Tax Rates for Lonsdale (zip 55046)
- The Sales Tax Rate for Lonsdale (zip 55046) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lonsdale (zip 55046) 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 Lonsdale (zip 55046)
- The average income of a Lonsdale (zip 55046) resident is $32,071 a year. The US average is $37,638 a year.
- The Median household income of a Lonsdale (zip 55046) resident is $88,357 a year. The US average is $69,021 a year.