Minneapolis, KS is a small town located in North Central Kansas. It has a population of approximately 1,800 people and is home to several local businesses. These businesses include the Minneapolis Cafe, a diner that offers delicious home cooked meals; On The Square Boutique, which offers clothing and accessories for all ages; and G&G Auto Repair, which provides quality auto repair services. Additionally, Minneapolis offers affordable housing with two bedroom rents averaging $850 compared to the US average of $1,430. There is also an index of 93 for groceries versus 100 in the US, making food an affordable expense for residents as well. All in all Minneapolis is a great place to live with friendly people and cost effective amenities.
Minneapolis has an unemployment rate of 3.3%. The US average is 6.0%.
Minneapolis has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Minneapolis
- The Sales Tax Rate for Minneapolis is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Minneapolis is 5.7%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Minneapolis
- The average income of a Minneapolis resident is $24,204 a year. The US average is $28,555 a year.
- The Median household income of a Minneapolis resident is $55,139 a year. The US average is $69,021 a year.