Zip 56579 (Rothsay, MN) Economy


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56579 Rothsay, MN is a small community located in Wilkin County, Minnesota. It has a population of 622 people and offers a great quality of life for those living there. The average 2 bedroom rent for this area is $810 which is much lower than the US average of $1,430 making it an affordable place to live. Additionally, it has a low grocery cost index compared to the US at 94 versus 100 respectively which makes purchasing groceries much more affordable than many other areas in the country.
The town also boasts plenty of local businesses to meet residents' needs such as Family Grocery & Gas Station, U-Haul Moving & Storage at Rothsay and Dazey Hardware Store. These companies provide essential services that keep the town running smoothly and support its economy. All in all, Rothsay provides its citizens with an affordable cost of living that many find appealing and makes it an ideal place to call home.

Rothsay (zip 56579) has an unemployment rate of 4.1%. The US average is 6.0%.

Rothsay (zip 56579) 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 20.2%, which is lower than the US average of 33.5%.

Tax Rates for Rothsay (zip 56579)
- The Sales Tax Rate for Rothsay (zip 56579) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Rothsay (zip 56579) 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 Rothsay (zip 56579)
- The average income of a Rothsay (zip 56579) resident is $28,419 a year. The US average is $28,555 a year.
- The Median household income of a Rothsay (zip 56579) resident is $78,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRothsay, MinnesotaUnited States
  4.16
  -2.3%-6.2%
  20.2%33.5%
  6.9%6.2%
  7.1%4.6%
  $35,869$37,638
  $78,750$69,021
  $85,804$85,028
  Population by Occupation
  10.0%1.2%
  0.0%0.5%
  8.5%6.8%
  7.3%10.0%
  2.7%2.5%
  11.8%11.0%
  4.4%4.8%
  5.4%0.8%
  0.4%1.9%
  2.9%4.7%
  1.5%1.9%
  4.4%7.6%
  0.0%0.1%
  2.7%4.2%
  10.0%9.3%
  10.5%14.0%
  0.5%2.1%
  4.0%7.0%
  4.4%4.8%
  8.7%4.7%
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