Brevator, MN Economy


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Brevator, MN is an ideal location for those looking for affordable living and quality amenities. The average two-bedroom rent in Brevator is $1,230 compared to the US average of $1,430, making it a great option for budget conscious individuals. Additionally, the grocery cost index of 98 suggests that groceries are more affordable than the US index of 100. The city also boasts many local businesses such as Jaxon's Cafe, McElroy's Auto Repair, and Jones Greenhouse that provide plenty of job opportunities and amenities to its residents. All these factors make Brevator a great place to live!

Brevator has an unemployment rate of 4.8%. The US average is 6.0%.

Brevator has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.

Tax Rates for Brevator
- The Sales Tax Rate for Brevator is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Brevator 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 Brevator
- The average income of a Brevator resident is $23,343 a year. The US average is $28,555 a year.
- The Median household income of a Brevator resident is $69,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrevator, MinnesotaUnited States
  4.86
  -4.0%-6.2%
  29.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $29,755$37,638
  $69,545$69,021
  $82,361$85,028
  Population by Occupation
  3.0%1.2%
  0.0%0.5%
  7.1%6.8%
  7.5%10.0%
  0.4%2.5%
  8.6%11.0%
  7.3%4.8%
  2.4%0.8%
  0.7%1.9%
  3.4%4.7%
  0.4%1.9%
  2.6%7.6%
  0.0%0.1%
  4.1%4.2%
  10.1%9.3%
  22.4%14.0%
  6.2%2.1%
  4.9%7.0%
  0.6%4.8%
  8.4%4.7%
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