Aastad, MN is a small city located in the midwest. This city has many amenities to offer its residents such as local companies like Aastad Auto Repair, Sam's Bar & Grille, and Miller's Garage. It also offers affordable living with two bedroom rents priced at $850 compared to the national average of $1,430. Additionally, the grocery cost index in Aastad is 96 compared to 100 nationally. All of these factors make Aastad an attractive place for potential homebuyers looking to get more value from their housing investment.
Aastad has an unemployment rate of 5.3%. The US average is 6.0%.
Aastad has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Aastad
- The Sales Tax Rate for Aastad is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Aastad 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 Aastad
- The average income of a Aastad resident is $34,309 a year. The US average is $28,555 a year.
- The Median household income of a Aastad resident is $85,000 a year. The US average is $69,021 a year.