Burnsville, MN is a city known for its great amenities and low cost of living. With a 2 bedroom rent at only $1,580, compared to $1,430 in the US, Burnsville is an attractive place for those looking to save money while still enjoying all that the city has to offer. The Grocery Cost Index is also higher in Burnesville at 102 compared to 100 in the US. Local businesses such as Target Corporate Headquarters and Allina Health Hospital provide plenty of employment opportunities if you’re looking to call Burnsville home. For those looking for an affordable place that has plenty of job opportunities, Burnsville can be a great fit.
Burnsville has an unemployment rate of 4.5%. The US average is 6.0%.
Burnsville has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 34.6%, which is higher than the US average of 33.5%.
Tax Rates for Burnsville
- The Sales Tax Rate for Burnsville is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Burnsville 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 Burnsville
- The average income of a Burnsville resident is $31,911 a year. The US average is $28,555 a year.
- The Median household income of a Burnsville resident is $79,059 a year. The US average is $69,021 a year.