Flowing, MN is a small town located in the heart of Minnesota that offers a great quality of life due to its affordability. The average 2 bedroom rent in Flowing is $910 compared to the US average of $1,430. This makes it much more affordable for families and individuals looking to settle down in the area. Additionally, grocery costs are below the national average with an index score of 97 versus 100 for the US. There are many local businesses within Flowing including Waseca County Bank, Pizza Hut, and Flowing Restaurant Group. According to research from 2017, these three businesses employ more than 200 people in various positions around the city.
Flowing has an unemployment rate of 3.8%. The US average is 6.0%.
Flowing has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.1%, which is lower than the US average of 33.5%.
Tax Rates for Flowing
- The Sales Tax Rate for Flowing is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Flowing 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 Flowing
- The average income of a Flowing resident is $41,398 a year. The US average is $28,555 a year.
- The Median household income of a Flowing resident is $66,250 a year. The US average is $69,021 a year.