Claremont, MN is a great place to live, offering a peaceful atmosphere and budget friendly rent. Residents of Claremont pay much less for rent for a 2 bedroom home than the average across the US, with people paying $960 compared to the national average of $1,430. Grocery costs are also quite reasonable in Claremont; according to the Grocery Cost Index they have an index rate of 97 compared to the US average of 100. The area also offers several local businesses including H&H Sport Shop, B&M Auto Repair, The Grain Bin Café and Delano Furniture & Appliance.
Claremont has an unemployment rate of 4.9%. The US average is 6.0%.
Claremont has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 30.4%, which is lower than the US average of 33.5%.
Tax Rates for Claremont
- The Sales Tax Rate for Claremont is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Claremont 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 Claremont
- The average income of a Claremont resident is $23,166 a year. The US average is $37,638 a year.
- The Median household income of a Claremont resident is $58,906 a year. The US average is $69,021 a year.