Bejou, MN is an affordable place to live with a relatively low cost of living. The average rent for a two bedroom apartment is $1,020, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Bejou is 93 compared to 100 in the US. This means groceries are 7% cheaper in Bejou than they are on average across the nation. There are many local companies that help to boost employment opportunities in Bejou such as Econoprint Inc., Wild Rice Bar & Grill, and Hillcrest Garage Door Company. Overall, living in Bejou can stretch one's income farther while still enjoying all the amenities and services this small town has to offer.
Bejou has an unemployment rate of 8.1%. The US average is 6.0%.
Bejou has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Bejou
- The Sales Tax Rate for Bejou is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bejou 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 Bejou
- The average income of a Bejou resident is $12,411 a year. The US average is $28,555 a year.
- The Median household income of a Bejou resident is $43,750 a year. The US average is $69,021 a year.