East Park, MN is a great place to live due to its low cost of living. Two bedroom rent in East Park is only $940 compared to the US average of $1,430. Additionally, the Grocery Cost Index in East Park is 93 versus 100 in the US, which means that groceries are cheaper here than anywhere else. East Park offers plenty of work opportunities for those looking for jobs with big names like Walmart, Target, and Best Buy located nearby. With affordable housing options and lower-than-average grocery costs, East Park is a great place to settle down and start a family or simply enjoy life on a budget!
East Park has an unemployment rate of 6.6%. The US average is 6.0%.
East Park has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for East Park
- The Sales Tax Rate for East Park is 6.9%. The US average is 7.3%.
- The Income Tax Rate for East Park 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 East Park
- The average income of a East Park resident is $19,245 a year. The US average is $28,555 a year.
- The Median household income of a East Park resident is $55,357 a year. The US average is $69,021 a year.