Vergas, MN, with a population of 56587, is a great place to live. It has a relatively low cost of living compared to the rest of the US, with 2 bedroom rent at $880 instead of the US average of $1,430. Additionally, groceries are even cheaper in Vergas as it has an index score of 101 on the Grocery Cost Index versus 100 nationally.
Vergas offers wonderful amenities to its residents including several local companies such as Vergas Auto Parts, Lakes Area Carpeting, and Vergas Lumber Co. Those interested in outdoor recreation will find plenty to do in the area: from fishing along one of many nearby lakes such as Long Lake or Fish Hook Lake to golfing at one of many top-rated golf courses located near town. There is also The Minnesota Marine Art Museum located nearby that houses world-renowned marine art collections and hosts educational events for all ages. Vergas is truly a great place to live!
Vergas (zip 56587) has an unemployment rate of 5.3%. The US average is 6.0%.
Vergas (zip 56587) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Vergas (zip 56587)
- The Sales Tax Rate for Vergas (zip 56587) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Vergas (zip 56587) 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 Vergas (zip 56587)
- The average income of a Vergas (zip 56587) resident is $29,497 a year. The US average is $28,555 a year.
- The Median household income of a Vergas (zip 56587) resident is $71,000 a year. The US average is $69,021 a year.