Barsness, MN is a small town located in the midwestern United States. It has a population of approximately 5,000 people. With its close proximity to larger cities, Barsness is home to several local businesses that provide goods and services to the community. These include small retail stores, restaurants, and an auto repair shop. The area also features many outdoor activities such as hiking and fishing thanks to its natural landscape.
The two bedroom rent in Barsness is relatively low at $920 compared to the US average of $1,430 due to lower real estate costs in the area. Similarly, the grocery cost index in Barsness is 99 versus 100 for the US overall due to a larger variety of locally produced food items in the region. This provides residents with additional savings when shopping for groceries.
Barsness has an unemployment rate of 4.5%. The US average is 6.0%.
Barsness has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Barsness
- The Sales Tax Rate for Barsness is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Barsness 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 Barsness
- The average income of a Barsness resident is $31,427 a year. The US average is $28,555 a year.
- The Median household income of a Barsness resident is $106,667 a year. The US average is $69,021 a year.