East Side, MN Economy


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East Side, MN is a great place to live. It offers two bedroom rent for $890, which is significantly lower than the national average of $1,430. The cost of groceries in East Side is also relatively low compared to the US, with a Grocery Cost Index of 98 versus 100 in the US. The area boasts an array of local companies and attractions such as EastSide Cinemas and EastSide Bank. It offers fun activities like fishing on Lower Lake, golfing at Bantam Golf Course, or relaxing at one of its many parks such as Patio Park or Hidden Valley Park. In addition, nearby cities provide shopping opportunities and other attractions that can be explored for a weekend getaway. All in all, East Side provides an affordable living cost combined with lots of entertainment and leisure activities that make it appealing to residents from all walks of life.

East Side has an unemployment rate of 7.9%. The US average is 6.0%.

East Side 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 31.9%, which is lower than the US average of 33.5%.

Tax Rates for East Side
- The Sales Tax Rate for East Side is 7.4%. The US average is 7.3%.
- The Income Tax Rate for East Side 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 Side
- The average income of a East Side resident is $26,977 a year. The US average is $28,555 a year.
- The Median household income of a East Side resident is $62,632 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEast Side, MinnesotaUnited States
  7.96
  -3.5%-6.2%
  31.9%33.5%
  7.4%6.2%
  7.1%4.6%
  $36,531$37,638
  $62,632$69,021
  $66,875$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  15.2%6.8%
  10.4%10.0%
  0.8%2.5%
  15.6%11.0%
  5.2%4.8%
  0.0%0.8%
  1.2%1.9%
  5.6%4.7%
  0.0%1.9%
  4.4%7.6%
  0.0%0.1%
  8.4%4.2%
  9.2%9.3%
  8.4%14.0%
  4.8%2.1%
  6.0%7.0%
  3.6%4.8%
  0.0%4.7%
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