Brandt, MN is a small city located in the Midwest. It is known for its friendly people and low cost of living. The average two bedroom rent in Brandt is $880, which is much lower than the national average of $1,430. The grocery cost index in Brandt is 97, making groceries much cheaper than the US average. This makes Brandt an appealing destination for those looking for a better quality of life on a budget. \nSome local businesses in Brandt include Red Fox Coffee House, Watson Family Farm, and Sheds 'n Things Inc. These businesses offer employment opportunities to locals and serve as popular destinations for visitors to the area. With its low housing costs and enjoyable atmosphere, Brandt is an ideal place for those looking to make a positive change to their quality of life without breaking the bank.
Brandt has an unemployment rate of 4.9%. The US average is 6.0%.
Brandt 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 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Brandt
- The Sales Tax Rate for Brandt is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Brandt 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 Brandt
- The average income of a Brandt resident is $31,998 a year. The US average is $28,555 a year.
- The Median household income of a Brandt resident is $42,813 a year. The US average is $69,021 a year.