Eidsvold, MN is a small town located in Minnesota, offering affordable living expenses and an array of local businesses to provide amenities for its residents. The average rent for a two bedroom apartment is much lower than the national average at $810, providing a cost-effective housing option. Additionally, grocery costs are well below the national benchmark at 93 index points compared to 100 in the United States. Local companies include Eidsvold Auto Parts and Eidsvold Lawn Care; both of which serve as valuable resources for citizens. In addition to these services, amenities such as recreational parks and public transportation are also available for residents.
Eidsvold has an unemployment rate of 4.2%. The US average is 6.0%.
Eidsvold has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Eidsvold
- The Sales Tax Rate for Eidsvold is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Eidsvold 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 Eidsvold
- The average income of a Eidsvold resident is $27,031 a year. The US average is $28,555 a year.
- The Median household income of a Eidsvold resident is $83,750 a year. The US average is $69,021 a year.