Derrynane, Minnesota is a small town located about an hour away from the Twin Cities. The population of the area is not known, but it is home to many businesses and attractions that make it a vibrant community. It has been a popular destination for families and individuals alike.
The cost of living in Derrynane is lower than in many other areas, with the two bedroom rent being $1,130 compared to $1,430 nationally. Grocery costs are also lower here as well, with Derrynane's index being 99 versus 100 nationally. This makes it very affordable for people seeking to live here.
Local companies around Derrynane include Calhoun Companies, which produces agricultural products and equipment; River Country Co-op Inc., which offers farm supplies; G & S Enterprises, which provides pet grooming services; and The Angry Owl restaurant with their delicious breakfast and lunch options. There are also several shops offering clothing and gift items for visitors to browse through.
In summary, Derrynane is a great place to live if you're looking for an affordable option that still offers plenty of amenities. With its low rent prices and grocery costs, it's easy to see why so many people choose to call this town their home.
Derrynane has an unemployment rate of 6.8%. The US average is 6.0%.
Derrynane 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 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Derrynane
- The Sales Tax Rate for Derrynane is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Derrynane 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 Derrynane
- The average income of a Derrynane resident is $30,296 a year. The US average is $28,555 a year.
- The Median household income of a Derrynane resident is $90,000 a year. The US average is $69,021 a year.