East Valley, MN is a great place to live for many reasons. It has a relatively low cost of living with two bedroom rental prices at around $830 compared to the US average of $1,430. This makes it an ideal choice for those looking for affordability and convenience. Additionally, its Grocery Cost Index is 95 compared to the US average of 100, indicating that food costs are lower than what’s found in other parts of the country.
East Valley also offers plenty of local businesses and amenities including restaurants, retail stores, banks, and healthcare centers. Popular local companies include The Eagle Market, Smith's Burgers & Grill, Lakeland Bank & Trust Co., and East Valley Medical Centre. There are also plenty of recreational activities such as parks and other outdoor activities which offer something for everyone.
All in all East Valley is an excellent option for anyone looking to save money while still being able to enjoy the creature comforts that come with living in a vibrant town. With its low cost of living and plethora of local businesses and activities available it’s no wonder why so many people have chosen East Valley as their home!
East Valley has an unemployment rate of 6.6%. The US average is 6.0%.
East Valley 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 Valley
- The Sales Tax Rate for East Valley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for East 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 East Valley
- The average income of a East Valley resident is $17,537 a year. The US average is $28,555 a year.
- The Median household income of a East Valley resident is $45,926 a year. The US average is $69,021 a year.