Eagle Valley, MN is a great place to live with a low cost of living. Rent for two bedroom apartments is only $840 compared to the US average of $1,430. Groceries also come at an affordable price, with the Grocery Cost Index in Eagle Valley being 94 compared to 100 in the US. With the lower prices, many locals choose to shop at homegrown companies like Eagle Valley Supermarket and Big Bear Grocery Store. Those looking for a more budget friendly option can shop at discount stores like Value-Mart and Bargain Bazaar. With its low cost of living and local businesses, Eagle Valley is an ideal place to live for those on a budget.
Eagle Valley has an unemployment rate of 5.4%. The US average is 6.0%.
Eagle Valley 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 Valley
- The Sales Tax Rate for Eagle Valley is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Eagle Valley 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 Valley
- The average income of a Eagle Valley resident is $30,764 a year. The US average is $28,555 a year.
- The Median household income of a Eagle Valley resident is $58,125 a year. The US average is $69,021 a year.