Zip 55957 (Millville, MN) Economy


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United States / Minnesota / Rochester Metro Area / Wabasha County / No City / Millville (zip 55957)
Millville, MN (Zip Code 55957) is a small town located in Wabasha County. It has an estimated population of just over 600 people. The 2 bedroom rent in Millville is around $810 which is significantly lower than the US average of $1,430. The Grocery Cost Index in Millville is 99 versus 100 in the US.
The local companies in Millville range from retail stores such as Granny's Corner Store to restaurants such as Steakhouse and the Old Firehouse Pub & Grill. There are also smaller businesses that provide services such as auto repair, lawn care, and home improvement services. With its small population, Millville has a close-knit community with friendly people and plenty of activities for those looking to escape city life.

Millville (zip 55957) has an unemployment rate of 4.4%. The US average is 6.0%.

Millville (zip 55957) has seen the job market decrease by -0.6% 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 Millville (zip 55957)
- The Sales Tax Rate for Millville (zip 55957) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Millville (zip 55957) 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 Millville (zip 55957)
- The average income of a Millville (zip 55957) resident is $31,490 a year. The US average is $37,638 a year.
- The Median household income of a Millville (zip 55957) resident is $67,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMillville, 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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