Savage, MN (55378) is a small city in the state of Minnesota. Its population is estimated to be about 27,000 people. The average 2 bedroom rent in this city is $1,590 which is slightly higher than the US average of $1,430. Additionally, Savage has a grocery cost index of 102 compared to the 100 national average.
In terms of dining and entertainment options, Savage offers multiple options. Local establishments include O'Malley's Irish Pub & Grill, T-Bones on the Lake Restaurant and Bar, Las Margaritas Mexican Restaurant, as well as Savages Station Coffeehouse and Bakery for coffee lovers. In addition to these local businesses there are also several large chain stores such as Target and Walmart for more general shopping needs.
Savage (zip 55378) has an unemployment rate of 3.6%. The US average is 6.0%.
Savage (zip 55378) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 38.2%, which is higher than the US average of 33.5%.
Tax Rates for Savage (zip 55378)
- The Sales Tax Rate for Savage (zip 55378) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Savage (zip 55378) 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 Savage (zip 55378)
- The average income of a Savage (zip 55378) resident is $47,623 a year. The US average is $37,638 a year.
- The Median household income of a Savage (zip 55378) resident is $115,456 a year. The US average is $69,021 a year.