Centerville, MN is a great place to live with access to all the amenities of city life without the hustle and bustle. The cost of rent for a two bedroom is competitively priced at $1,800 compared with the national average of $1,430. This makes Centerville an affordable option for those looking to move into the area. The Grocery Cost Index in Centerville is higher than the US average at 103 versus 100 in the US; however, it remains competitive among other cities in Minnesota.
Centerville boasts several local stores and services including Goodbear Coffeehouse for a quick caffeine fix, Clark's Hardware Store for all your DIY needs, and BCS Books & More if you're looking for something to read or write with. These small businesses give Centerville its unique charm and personality that can often be lost within larger cities.
Overall, Centerville is an ideal place to call home as it has a high affordability index when compared with other cities in Minnesota and across the country. This makes it perfect for those looking to settle down or start a family without breaking their budget.
Centerville has an unemployment rate of 4.4%. The US average is 6.0%.
Centerville 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 35.9%, which is higher than the US average of 33.5%.
Tax Rates for Centerville
- The Sales Tax Rate for Centerville is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Centerville 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 Centerville
- The average income of a Centerville resident is $30,156 a year. The US average is $28,555 a year.
- The Median household income of a Centerville resident is $111,607 a year. The US average is $69,021 a year.