56175 Tracy, MN is a city that offers affordable living costs for everyone. The average 2 bedroom rent here is $820, which is much lower than the US average of $1,430. The Grocery Cost Index in 56175 Tracy, MN is 92 versus 100 in the US as well.
At 56175 Tracy, MN there are many local companies where you can find great deals on groceries and other items. For example, Fareway Foods has a wide variety of fresh produce at competitive prices. You can also visit Reetz SuperValu to get more weekly specials. Both stores offer discounts on certain items if you buy in bulk. Other stores such as Shopko and Cenex Convenience Store also provide affordable products like fruits, vegetables and canned goods.
Tracy (zip 56175) has an unemployment rate of 4.2%. The US average is 6.0%.
Tracy (zip 56175) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Tracy (zip 56175)
- The Sales Tax Rate for Tracy (zip 56175) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Tracy (zip 56175) 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 Tracy (zip 56175)
- The average income of a Tracy (zip 56175) resident is $30,423 a year. The US average is $37,638 a year.
- The Median household income of a Tracy (zip 56175) resident is $62,500 a year. The US average is $69,021 a year.