Argyle, MN is a small city in Minnesota with an estimated population of 1,215 people. It is known for its friendly residents and low cost of living. Renting a two-bedroom apartment in Argyle costs an average of $840 whereas the national average for similar units is $1,430. In addition to relatively inexpensive housing, the grocery cost index in Argyle is 94 as compared to 100 at the national level. This makes the overall cost of living much lower than larger cities like New York City or Los Angeles. Local businesses doing great work include Zieske Lumber Inc., Matt’s Automotive Service & Sales, and 4 Seasons Construction LLC. These businesses make Argyle a great place for families who want to enjoy a simpler life with less expensive daily expenses.
Argyle has an unemployment rate of 6.6%. The US average is 6.0%.
Argyle has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Argyle
- The Sales Tax Rate for Argyle is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Argyle 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 Argyle
- The average income of a Argyle resident is $34,224 a year. The US average is $28,555 a year.
- The Median household income of a Argyle resident is $70,938 a year. The US average is $69,021 a year.