Dumont, MN is a small city located in the western part of the state. It offers affordable housing with two bedroom rent averaging around $700 a month. Groceries are relatively inexpensive in Dumont when compared to the rest of the United States, with an index score of 93. The city is home to a number of local companies such as Smith & Sons Steel Fabrication and Super Clean Services. Additionally, there are plenty of recreational activities to enjoy including hiking in nearby parks or exploring the numerous lakes located within the region. The community also hosts several events throughout the year including an annual music festival and farmers market.
Dumont has an unemployment rate of 5.0%. The US average is 6.0%.
Dumont has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for Dumont
- The Sales Tax Rate for Dumont is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Dumont 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 Dumont
- The average income of a Dumont resident is $31,348 a year. The US average is $28,555 a year.
- The Median household income of a Dumont resident is $116,429 a year. The US average is $69,021 a year.