Woodstock, MN (56186) is a charming rural town located in the heart of Rice County. The average two bedroom rent of $830 per month is much lower than the US average of $1,430. Grocery costs are also much lower with a cost index of 94 compared to 100 nationally. Locally owned businesses that provide important services to the community include Kandi's Market & Cafe, K&S Grain Systems Inc., and Lund Woodworking. With its low cost of living and abundance of amenities, Woodstock is an ideal place for anyone looking for a peaceful and prosperous life.
Woodstock (zip 56186) has an unemployment rate of 5.1%. The US average is 6.0%.
Woodstock (zip 56186) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Woodstock (zip 56186)
- The Sales Tax Rate for Woodstock (zip 56186) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Woodstock (zip 56186) 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 Woodstock (zip 56186)
- The average income of a Woodstock (zip 56186) resident is $35,894 a year. The US average is $37,638 a year.
- The Median household income of a Woodstock (zip 56186) resident is $52,000 a year. The US average is $69,021 a year.