Victoria, MN is a city located in Carver County with a population of around 5,000 people. The average rent for a two bedroom property in Victoria is $1,320 compared to the US average of $1,430. Additionally, the grocery cost index in Victoria is 106 which is 6% higher than the US average. The area offers many services and amenities such as businesses such as Grotberg's Bakery & Catering Inc., Westside Barbeque LLC., and Victoria Woodland Veterinary Clinic LLC. Although rent prices are slightly lower than the national average, food costs are notably higher which affects the overall cost of living when compared to other cities across the US.
Victoria (zip 55386) has an unemployment rate of 3.7%. The US average is 6.0%.
Victoria (zip 55386) has seen the job market decrease by -3.6% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Victoria (zip 55386)
- The Sales Tax Rate for Victoria (zip 55386) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Victoria (zip 55386) 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 Victoria (zip 55386)
- The average income of a Victoria (zip 55386) resident is $62,922 a year. The US average is $37,638 a year.
- The Median household income of a Victoria (zip 55386) resident is $165,591 a year. The US average is $69,021 a year.