Gilbert, MN is a small town located in central Minnesota that offers an array of amenities to its residents. The town is home to a few companies, including Central Minnesota Credit Union, Central Minnesota Electric Coop, and North Country Appraisals. 2 bedroom rent in Gilbert, MN is significantly less than the US average at $860 compared to $1,430. Additionally, the grocery cost index in Gilbert is 93 which is slightly lower than the US average of 100. With its affordable cost of living and local businesses, Gilbert, MN provides a comfortable lifestyle for its residents.
Gilbert has an unemployment rate of 4.8%. The US average is 6.0%.
Gilbert has seen the job market increase by 1.6% 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 Gilbert
- The Sales Tax Rate for Gilbert is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Gilbert 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 Gilbert
- The average income of a Gilbert resident is $24,101 a year. The US average is $28,555 a year.
- The Median household income of a Gilbert resident is $53,258 a year. The US average is $69,021 a year.