Nisswa, MN is a small town in Minnesota with a population of 56468. The 2 bedroom rent in this city is $970 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Nisswa is 101 compared to 100 for the United States. Local businesses such as Breezy Point Resort, Dutlers Deli & Bakery, and Grand View Lodge Golf Resort & Spa offer great amenities and services for people living in Nisswa. These businesses provide local products and services that are often cheaper than those found at larger national chains operating across the United States. Therefore, despite having a higher grocery cost index than the national average, it is still more affordable for residents of Nisswa to shop for their groceries locally.
Nisswa (zip 56468) has an unemployment rate of 6.0%. The US average is 6.0%.
Nisswa (zip 56468) has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Nisswa (zip 56468)
- The Sales Tax Rate for Nisswa (zip 56468) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Nisswa (zip 56468) 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 Nisswa (zip 56468)
- The average income of a Nisswa (zip 56468) resident is $34,075 a year. The US average is $28,555 a year.
- The Median household income of a Nisswa (zip 56468) resident is $84,113 a year. The US average is $69,021 a year.