Boy River township, MN is an ideal location to live in for those seeking affordable accommodations. The average 2 Bedroom Rent in Boy River township is $880, which is significantly lower than the national average of $1430. This makes it appealing for people looking for a bargain apartment. Additionally, the Grocery Cost Index in Boy River township is 96% compared to 100% in the US, allowing residents to access a variety of food items at low prices. Local companies such as the Boy River General Store offer essential grocery items at reasonable rates while other outlets like Bytown Brewery provide enjoyable dining experiences without breaking the bank. Overall, Boy River township has an attractive cost of living that allows locals to save money and enjoy life without having to spend too much money on basic necessities.
Boy River township has an unemployment rate of 8.4%. The US average is 6.0%.
Boy River township has seen the job market increase by 9.2% over the last year. Future job growth over the next ten years is predicted to be 51.3%, which is higher than the US average of 33.5%.
Tax Rates for Boy River township
- The Sales Tax Rate for Boy River township is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Boy River township 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 Boy River township
- The average income of a Boy River township resident is $22,411 a year. The US average is $28,555 a year.
- The Median household income of a Boy River township resident is $58,750 a year. The US average is $69,021 a year.