Foley, MN is a small city with plenty of charm. With a Grocery Cost Index of 97 compared to the national average of 100, it's an affordable place to live. The average rent for a two bedroom apartment is $1,230 - much lower than the US average of $1,430. In Foley, there are many local companies to choose from for employment or entertainment including D&A Entertainment, Foley Floral & Gifts, and Foley Ready-Mix Concrete. The city also offers many outdoor activities like fishing, boating, and camping - perfect for nature enthusiasts.
Foley has an unemployment rate of 6.1%. The US average is 6.0%.
Foley has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.
Tax Rates for Foley
- The Sales Tax Rate for Foley is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Foley 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 Foley
- The average income of a Foley resident is $21,546 a year. The US average is $28,555 a year.
- The Median household income of a Foley resident is $68,580 a year. The US average is $69,021 a year.