Brookston, MN is a small town located in Mower County in southern Minnesota. It has a population of just over 2,000 people and is home to several local businesses such as The Barn Restaurant, Brookston Auto Solutions, and Anderson Electric. The cost of living in Brookston is very affordable compared to the national average, which can be seen in the cost of rent for two bedroom apartments. At only $1,140, it is significantly cheaper than the US average of $1,430 per month. This lower cost can be attributed to the town's smaller size and limited business options as well as its proximity to other cities like Austin and Rochester. Grocery costs are also lower in Brookston due to the presence of local supermarkets and farmers markets that offer competitive prices on fresh produce and groceries.
Brookston has an unemployment rate of 4.8%. The US average is 6.0%.
Brookston 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 Brookston
- The Sales Tax Rate for Brookston is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Brookston 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 Brookston
- The average income of a Brookston resident is $19,397 a year. The US average is $28,555 a year.
- The Median household income of a Brookston resident is $68,750 a year. The US average is $69,021 a year.