Zip 55956 (Mazeppa, MN) Economy


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Mazeppa, MN 55956 is a small town located in Wabasha County with an estimated population of 1,387. It has a relatively low cost of living compared to the US overall. The 2 bedroom rent in Mazeppa is $1,010 compared to $1,430 for the US as a whole. Likewise, the grocery cost index in Mazeppa is 100 versus 100 in the US.
Despite its small size, Mazeppa locals have many opportunities to explore their community. Local businesses include Pizza Man and Subway restaurants, Kraemer's Ace Hardware store, Tompkins Financial Services, and many more. For entertainment, locals can visit nearby Lake Zumbro Regional Park or Conway’s Smokin’ Bar & Grill for some fun activities or good food. There are also several churches such as Hope Lutheran Church and Liberty Community Church within town limits for those seeking spiritual services. All these places offer great attractions that bring together the people of Mazeppa as one close community.

Mazeppa (zip 55956) has an unemployment rate of 4.4%. The US average is 6.0%.

Mazeppa (zip 55956) has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.

Tax Rates for Mazeppa (zip 55956)
- The Sales Tax Rate for Mazeppa (zip 55956) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Mazeppa (zip 55956) 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 Mazeppa (zip 55956)
- The average income of a Mazeppa (zip 55956) resident is $32,300 a year. The US average is $28,555 a year.
- The Median household income of a Mazeppa (zip 55956) resident is $82,353 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMazeppa, MinnesotaUnited States
  4.46
  -0.6%-6.2%
  28.5%33.5%
  7.4%6.2%
  7.1%4.6%
  $46,569$37,638
  $82,353$69,021
  $106,250$85,028
  Population by Occupation
  5.8%1.2%
  0.0%0.5%
  8.0%6.8%
  12.5%10.0%
  2.4%2.5%
  7.5%11.0%
  4.0%4.8%
  2.2%0.8%
  0.0%1.9%
  3.4%4.7%
  0.4%1.9%
  3.6%7.6%
  0.0%0.1%
  1.9%4.2%
  6.0%9.3%
  18.4%14.0%
  0.3%2.1%
  8.1%7.0%
  12.3%4.8%
  3.2%4.7%
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