Zip 56082 (St. Peter, MN) Economy


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St. Peter, Minnesota (56082) is a small town located in the south of the state. It has a population of just over 8,000 people and is home to many local businesses. The average rent for a two-bedroom apartment in St. Peter is $1,090 - significantly less than the US average of $1,430. Grocery costs are also lower in St. Peter with an index of 99 compared to 100 nationally.
The town offers a wide range of local companies across many industries such as retail, hospitality and manufacturing. Examples include G T Distributing Inc., which provides beer sales to restaurants throughout the area; Mankato Motors Inc., an automobile dealership; A & L Manufacturing Inc., which manufactures metal products; and Peterson Inn Bed & Breakfast which provides accommodation for visitors to the area.

St. Peter (zip 56082) has an unemployment rate of 3.6%. The US average is 6.0%.

St. Peter (zip 56082) 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 St. Peter (zip 56082)
- The Sales Tax Rate for St. Peter (zip 56082) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for St. Peter (zip 56082) 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 St. Peter (zip 56082)
- The average income of a St. Peter (zip 56082) resident is $32,749 a year. The US average is $37,638 a year.
- The Median household income of a St. Peter (zip 56082) resident is $67,772 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySt. Peter, 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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