Beaver Creek, MN is a small town in the Midwest offering an affordable cost of living. With a two bedroom rent of $1,120 and a grocery cost index of 98 versus 100 in the US, families can easily make ends meet without breaking the bank. The town is home to local businesses such as Beaver Creek General Store, Beaver Creek Diner & Bar, and M&M's Mini Mart. With its close proximity to larger Midwestern cities like Minneapolis and St. Paul, Beaver Creek makes for an ideal place for people looking for suburban peace with urban amenities.
Beaver Creek has an unemployment rate of 2.7%. The US average is 6.0%.
Beaver Creek has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Beaver Creek
- The Sales Tax Rate for Beaver Creek is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Beaver Creek 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 Beaver Creek
- The average income of a Beaver Creek resident is $24,977 a year. The US average is $28,555 a year.
- The Median household income of a Beaver Creek resident is $77,500 a year. The US average is $69,021 a year.