Almond, Minnesota is a small town located in the southeastern corner of the state. With a population of just over 500 people, it has managed to retain its small-town charm with an array of local businesses and amenities. The rent for a two-bedroom apartment in Almond is significantly lower than the US average at $810 compared to $1,430. Additionally, the Grocery Cost Index is also lower than the national average at 93 versus 100. Companies in Almond include businesses such as Miller Plumbing & Heating Co, C&A Telecom Inc., and Mathy Construction Co. These local businesses provide jobs for many residents while continuing to foster economic growth and development within Almond.
Almond has an unemployment rate of 5.9%. The US average is 6.0%.
Almond has seen the job market increase by 4.2% over the last year. Future job growth over the next ten years is predicted to be 26.6%, which is lower than the US average of 33.5%.
Tax Rates for Almond
- The Sales Tax Rate for Almond is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Almond 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 Almond
- The average income of a Almond resident is $45,961 a year. The US average is $28,555 a year.
- The Median household income of a Almond resident is $54,063 a year. The US average is $69,021 a year.