55712 Virginia, Minnesota is a bustling area in St. Louis County located near the intersection of state highways 53 and 169. It is known for its natural beauty and recreational opportunities. Home to approximately 8,000 people, this small city offers residents an affordable cost of living with two bedroom rent averaging around $950 per month compared to the national average of $1,430. Grocery costs are also lower than the national index (92 versus 100). Businesses within the city include grocery stores such as Coborn's Superstore and Wal Mart Supercenter; family owned restaurants like Applebee's Grill + Bar and K & J Cafe; and entertainment venues like Landmark Lanes bowling alley and Edge Cinemas movie theater. In addition to these businesses, one can find many outdoor attractions nearby including public parks like Iron Mountain Trailhead Park with walking trails and picnic areas or Laurentian Divide Golf Course offering a challenging 18-hole golf course for all levels of players. This charming Midwestern city has something for everyone!
Virginia (zip 55792) has an unemployment rate of 4.8%. The US average is 6.0%.
Virginia (zip 55792) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Virginia (zip 55792)
- The Sales Tax Rate for Virginia (zip 55792) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Virginia (zip 55792) 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 Virginia (zip 55792)
- The average income of a Virginia (zip 55792) resident is $29,338 a year. The US average is $37,638 a year.
- The Median household income of a Virginia (zip 55792) resident is $47,102 a year. The US average is $69,021 a year.