Bigfork, MN is a small town nestled in the hills of northeastern Minnesota. It has a population of just under 1,000 people and is known for its peaceful atmosphere and beautiful natural scenery. The average rent for a two-bedroom apartment here is $960, which is significantly lower than the national average of $1,430. Moreover, the cost of living in Bigfork is relatively low with groceries costing around 97 out of 100 when compared to the US average. There are plenty of local attractions and businesses that make this small town special such as restaurants like Dockside Steakhouse, places to stay like Midtown Hotel & Suites and outdoor activities such as fishing on Cross Lake and camping in nearby Tettegouche State Park.
Bigfork has an unemployment rate of 6.2%. The US average is 6.0%.
Bigfork has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.
Tax Rates for Bigfork
- The Sales Tax Rate for Bigfork is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bigfork 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 Bigfork
- The average income of a Bigfork resident is $28,139 a year. The US average is $28,555 a year.
- The Median household income of a Bigfork resident is $28,750 a year. The US average is $69,021 a year.