Zip 56389 (West Union, MN) Economy


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United States / Minnesota / No Metro Area / Todd County / West Union / West Union (zip 56389)
West Union, MN is a small town located in 56389 with a population of about 500 people. It is a great place to live for those looking for an affordable and peaceful lifestyle. The average cost of a 2 bedroom apartment in West Union is $850, far lower than the US average of $1,430. Groceries are also cheaper here with the grocery cost index being only 93 versus 100 in the US. \nIn terms of businesses, West Union has several small stores dotting Main Street such as Jim’s Hardware Store which sells quality tools and equipment at low prices, or Smith’s Drug Store which offers pharmaceutical products and over-the-counter medicines at competitive rates. There is also the West Union Cafe & Bakery where you can enjoy delicious home-made treats like cupcakes and pies for just a few dollars each.

West Union (zip 56389) has an unemployment rate of 5.4%. The US average is 6.0%.

West Union (zip 56389) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.

Tax Rates for West Union (zip 56389)
- The Sales Tax Rate for West Union (zip 56389) is 7.4%. The US average is 7.3%.
- The Income Tax Rate for West Union (zip 56389) 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 West Union (zip 56389)
- The average income of a West Union (zip 56389) resident is $22,694 a year. The US average is $28,555 a year.
- The Median household income of a West Union (zip 56389) resident is $51,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWest Union, MinnesotaUnited States
  5.46
  0.8%-6.2%
  35.6%33.5%
  7.4%6.2%
  7.1%4.6%
  $22,452$37,638
  $51,786$69,021
  $51,964$85,028
  Population by Occupation
  3.6%1.2%
  0.0%0.5%
  1.8%6.8%
  7.3%10.0%
  1.8%2.5%
  14.5%11.0%
  7.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.8%7.6%
  1.8%0.1%
  0.0%4.2%
  5.5%9.3%
  49.1%14.0%
  0.0%2.1%
  0.0%7.0%
  5.5%4.8%
  0.0%4.7%
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