56325 Elrosa, MN is a small town located within the central area of Minnesota. It features a close-knit community with strong historical roots and plenty of outdoor activities. Many people flock to this area for its peaceful atmosphere, while still providing access to larger cities such as St Cloud or Minneapolis. There are several locally owned businesses in Elrosa including grocery stores, restaurants, antique shops, and hardware stores. The local agriculture industry is also thriving with numerous farms producing grains and vegetables for the surrounding area.
The cost of living in Elrosa is relatively low compared to other areas of Minnesota or the US as a whole. The average 2 bedroom rent is $1,030 which is significantly lower than $1,430 nationally. Additionally, the Grocery Cost Index in Elrosa is 96 versus 100 in the US making groceries more affordable than other parts of the country. Overall, Elrosa offers a quality lifestyle at an affordable price point for those who decide to call it home.
Elrosa (zip 56325) has an unemployment rate of 4.7%. The US average is 6.0%.
Elrosa (zip 56325) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for Elrosa (zip 56325)
- The Sales Tax Rate for Elrosa (zip 56325) is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Elrosa (zip 56325) is 7.1%. The US average is 4.6%.
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Income and Salaries for Elrosa (zip 56325)
- The average income of a Elrosa (zip 56325) resident is $36,821 a year. The US average is $37,638 a year.
- The Median household income of a Elrosa (zip 56325) resident is $45,536 a year. The US average is $69,021 a year.