Brainerd, MN Metro Area is an ideal place to live for those in search of a reasonable cost of living. The 2 bedroom rent is significantly lower than the national average at $960 versus $1,430. Grocery costs are also fairly low with an index of 98, making it just slightly below the national average of 100. This area has something for everyone from rich historic sites to modern attractions and activities. It is home to many local companies such as Central Lakes College, Crow Wing Power, and Brainerd International Raceway providing job opportunities for residents.
Brainerd Metro Area has an unemployment rate of 6.7%. The US average is 6.0%.
Brainerd Metro Area has seen the job market increase by 6.3% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Brainerd Metro Area
- The Sales Tax Rate for Brainerd Metro Area is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Brainerd Metro Area 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 Brainerd Metro Area
- The average income of a Brainerd Metro Area resident is $26,522 a year. The US average is $28,555 a year.
- The Median household income of a Brainerd Metro Area resident is $59,647 a year. The US average is $69,021 a year.