Eagle Bend, MN is a small town in central Minnesota that is known for its natural beauty and outdoor activities. With a population of less than 500 people, it provides an intimate setting for both locals and visitors to enjoy the great outdoors. The cost of living in Eagle Bend is quite low when compared to the US as a whole. The average 2 bedroom rent is $820 versus $1430 nationally, and the Grocery Cost Index is 94 compared to 100 in the US. There are also several locally owned businesses located in Eagle Bend such as O’Connor’s Family Market that specializes in fresh produce and meats, and Spitzer’s Hardware which has served customers since 1998. All of these factors make Eagle Bend an attractive location for those looking for an affordable place to live with plenty of amenities to enjoy.
Eagle Bend has an unemployment rate of 5.4%. The US average is 6.0%.
Eagle Bend has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Eagle Bend
- The Sales Tax Rate for Eagle Bend is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Eagle Bend 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 Eagle Bend
- The average income of a Eagle Bend resident is $24,955 a year. The US average is $28,555 a year.
- The Median household income of a Eagle Bend resident is $41,554 a year. The US average is $69,021 a year.