Barber, MN is a small city located in Minnesota. It is known for its low cost of living and local businesses. Local companies include L&M Mobile Home Sales & Service, Barber Family Dentistry, and The Grocery Store. The average two-bedroom rent in Barber is $990 per month, which is much lower than the national average which stands at $1,430. Additionally, the Grocery Cost Index for Barber is 94 versus 100 in the US which shows that groceries are significantly cheaper in Barber compared to other locations. This makes it an ideal place for those looking for a more affordable lifestyle.
Barber has an unemployment rate of 5.2%. The US average is 6.0%.
Barber has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Barber
- The Sales Tax Rate for Barber is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Barber 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 Barber
- The average income of a Barber resident is $27,991 a year. The US average is $28,555 a year.
- The Median household income of a Barber resident is $83,500 a year. The US average is $69,021 a year.