Candor, MN is a small city located in the Midwest. The cost of living is relatively affordable, with 2 bedroom rent averaging $850 per month compared to the US average of $1,430. Groceries are also relatively cheaper, with a grocery cost index of 101 compared to the national average of 100. Local companies and businesses include R&R Excavating & Hauling, Candor Seeds LLC, and Grunenwald Implement Inc. Other local attractions include the Candor Community Library, Candor Historical Society Museum, and Veterans Memorial Park.
Candor has an unemployment rate of 5.3%. The US average is 6.0%.
Candor has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Candor
- The Sales Tax Rate for Candor is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Candor 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 Candor
- The average income of a Candor resident is $27,812 a year. The US average is $28,555 a year.
- The Median household income of a Candor resident is $75,096 a year. The US average is $69,021 a year.