Zip 55964 (Plainview, MN) Economy


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Plainview, MN (55963) is a small town located in Olmsted County with an estimated population of 3,015 people. The median 2 Bedroom rent in Plainview is $960 compared to the US average of $1,430, which makes it a very affordable place to live. The Grocery Cost Index in Plainview is 98 versus 100 in the US, making groceries also quite affordable and giving families more money to spend on other things. Popular local businesses include Quality Auto Repair & Body Shop, KC's Corner Saloon and Grill, and AAG Construction Services. All three companies have been serving the Plainview community for many years and are highly regarded by locals for their quality services.

Plainview (zip 55964) has an unemployment rate of 4.4%. The US average is 6.0%.

Plainview (zip 55964) 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 Plainview (zip 55964)
- The Sales Tax Rate for Plainview (zip 55964) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Plainview (zip 55964) 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 Plainview (zip 55964)
- The average income of a Plainview (zip 55964) resident is $33,572 a year. The US average is $37,638 a year.
- The Median household income of a Plainview (zip 55964) resident is $67,420 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPlainview, 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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