Connelly, MN is a small town located in the state of Minnesota. The cost of living is relatively low compared to other parts of the country, as evidenced by its two-bedroom rent being $840 compared to the US average of $1,430. Grocery costs are also lower with an index of 95 versus 100 in the US. Connelly is home to several local businesses such as Pecks Hardware Store and Ace Hardware. There are also a number of restaurants and cafes in town for residents to enjoy. Outdoor enthusiasts will appreciate that Connelly has numerous recreation areas nearby offering hiking trails, fishing spots, and camping sites. For those seeking additional amenities, downtown Minneapolis is only an hour away.
Connelly has an unemployment rate of 4.1%. The US average is 6.0%.
Connelly has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 20.2%, which is lower than the US average of 33.5%.
Tax Rates for Connelly
- The Sales Tax Rate for Connelly is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Connelly 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 Connelly
- The average income of a Connelly resident is $38,410 a year. The US average is $28,555 a year.
- The Median household income of a Connelly resident is $68,750 a year. The US average is $69,021 a year.