Nicollet, MN (56074) is an ideal place to live with plenty of amenities. It offers a two-bedroom rental at just $910 per month, which is almost 40% lower than the US average of $1,430. The grocery cost index in Nicollet is only 99 versus 100 in the US, meaning it's cheaper to buy groceries here than in other places. There are plenty of local businesses and companies in Nicollet such as Greenfield Products Inc., Hansen Machine Works Inc., and Jenson Motors that offer great employment opportunities. Outdoor enthusiasts will find plenty to do too, as there are numerous parks and lakes in the area including Martinson Lake Park and Stebbins Park. Whether you're looking for an affordable city or just want to be surrounded by nature, Nicollet has something for everyone.
Nicollet (zip 56074) has an unemployment rate of 3.6%. The US average is 6.0%.
Nicollet (zip 56074) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 36.6%, which is higher than the US average of 33.5%.
Tax Rates for Nicollet (zip 56074)
- The Sales Tax Rate for Nicollet (zip 56074) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Nicollet (zip 56074) 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 Nicollet (zip 56074)
- The average income of a Nicollet (zip 56074) resident is $34,861 a year. The US average is $37,638 a year.
- The Median household income of a Nicollet (zip 56074) resident is $82,188 a year. The US average is $69,021 a year.