Eden Valley, MN is a small town located in the midwest part of the United States. It is known for its friendly atmosphere and affordable living costs. According to recent reports, 2 bedroom rent in Eden Valley averages $810 per month, while the US average is almost double that at $1430 per month. Grocery costs also tend to be lower with a grocery cost index of 96 compared to 100 for the US. This makes Eden Valley an ideal location for families looking to save money on housing and groceries. The town has a variety of local businesses including a local hardware shop, restaurants, bookstores and antique stores. Residents enjoy low cost of living combined with high quality services and amenities.
Eden Valley has an unemployment rate of 5.2%. The US average is 6.0%.
Eden Valley has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 26.8%, which is lower than the US average of 33.5%.
Tax Rates for Eden Valley
- The Sales Tax Rate for Eden Valley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Eden 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 Eden Valley
- The average income of a Eden Valley resident is $20,475 a year. The US average is $28,555 a year.
- The Median household income of a Eden Valley resident is $55,000 a year. The US average is $69,021 a year.