Located in Vining, Minnesota (population 56588), rent for two-bedroom apartments is $860, a significant discount from the national average of $1430. A grocery cost index of 99 compared to 100 nationally speaks to Vining's relatively low cost of living. Likewise, local businesses provide competitive prices on goods and services such as those found at Graham Construction, a construction company with reasonable rates, or Edberg’s Grocery Store, a family owned grocer that offers affordable pricing. Together, Vining's low rental costs and competitive business landscape make it an attractive option for people looking for an affordable place to live.
Vining (zip 56588) has an unemployment rate of 5.3%. The US average is 6.0%.
Vining (zip 56588) has seen the job market decrease by -1.0% 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 Vining (zip 56588)
- The Sales Tax Rate for Vining (zip 56588) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Vining (zip 56588) 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 Vining (zip 56588)
- The average income of a Vining (zip 56588) resident is $32,382 a year. The US average is $37,638 a year.
- The Median household income of a Vining (zip 56588) resident is $58,194 a year. The US average is $69,021 a year.