Coon Creek, MN is a quaint town located in the midwest of the United States. The town has a population of around 2,500 people and is known for its small-town charm. The rent for a two bedroom apartment in Coon Creek is $850 per month, which is significantly lower than the average US rent of $1,430. Grocery costs are also lower in Coon Creek with an index score of 94 compared to 100 in the US. With its low cost of living and affordable housing options, Coon Creek is a great place to live for people looking to save money. There are several local businesses in Coon Creek such as Smith's Supermarket, Brown Automotive Repair, Pete's Pizza Parlor, and Herman's Hardware that offer services to the community. In addition to its affordability, Coon Creek offers residents plenty of recreational activities including parks, golf courses, fishing spots and more.
Coon Creek has an unemployment rate of 4.2%. The US average is 6.0%.
Coon Creek has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Coon Creek
- The Sales Tax Rate for Coon Creek is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Coon Creek 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 Coon Creek
- The average income of a Coon Creek resident is $27,310 a year. The US average is $28,555 a year.
- The Median household income of a Coon Creek resident is $73,750 a year. The US average is $69,021 a year.