Brandon, MN is a city located in central Minnesota, close to the Twin Cities. With a population of just under 25,000 people, Brandon is an ideal place to live if you are looking for a small town feel with access to big city amenities. Two bedroom rent in Brandon is slightly below the US average at $880 compared to $1,430. Additionally, Brandon has an incredibly low Grocery Cost Index at 98 versus 100 in the US which makes living here even more affordable. Popular local companies in the area include Victus Engineering & Machine Company, Jennings Oil and Lube Inc., and Stearns Bank National Association.
Brandon has an unemployment rate of 4.1%. The US average is 6.0%.
Brandon has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Brandon
- The Sales Tax Rate for Brandon is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Brandon 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 Brandon
- The average income of a Brandon resident is $22,453 a year. The US average is $28,555 a year.
- The Median household income of a Brandon resident is $52,188 a year. The US average is $69,021 a year.