Zip 55785 (Swatara, MN) Economy


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United States / Minnesota / Brainerd Metro Area / Cass County / No City / Swatara (zip 55785)
55788 Swatara, MN is a small town located in southern Minnesota. It is known for its quaint charm and character, as well as the beautiful natural landscape of the area. 2 Bedroom rent in the town is $860 which is significantly lower than the US average of $1,430. The Grocery Cost Index in 55785 Swatara, MN is 96 compared to 100 in the US.
The town offers many attractions such as a stunning lake with a beach and fishing areas, various golf courses and parks for outdoor activities. There are also plenty of local businesses such as grocery stores, cafes, restaurants, banks and clothing stores for residents to enjoy. 55785 Swatara also hosts multiple annual events such as a summer festival which includes live music performances and carnival rides.

Swatara (zip 55785) has an unemployment rate of 8.4%. The US average is 6.0%.

Swatara (zip 55785) has seen the job market increase by 9.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.

Tax Rates for Swatara (zip 55785)
- The Sales Tax Rate for Swatara (zip 55785) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Swatara (zip 55785) 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 Swatara (zip 55785)
- The average income of a Swatara (zip 55785) resident is $16,442 a year. The US average is $28,555 a year.
- The Median household income of a Swatara (zip 55785) resident is $48,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySwatara, MinnesotaUnited States
  8.46
  -5.2%-6.2%
  51.3%33.5%
  6.9%6.2%
  7.1%4.6%
  $20,107$37,638
  $48,875$69,021
  $53,125$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  9.3%6.8%
  18.6%10.0%
  0.0%2.5%
  12.4%11.0%
  3.1%4.8%
  0.0%0.8%
  0.0%1.9%
  1.0%4.7%
  0.0%1.9%
  2.1%7.6%
  0.0%0.1%
  3.1%4.2%
  5.2%9.3%
  5.2%14.0%
  9.3%2.1%
  10.3%7.0%
  15.5%4.8%
  4.1%4.7%
Health