Fort Ripley, MN is a small rural town located in central Minnesota. It is home to a few local companies and businesses including; The Nisswa Chamber of Commerce, which promotes and supports local business, the Fort Ripley Resort which offers an array of outdoor activities such as fishing and snowmobiling, as well as the Fort Ripley Health Center which provides medical care to local residents. Additionally, there are grocery stores such as the Fort Ripley Food Mart and gas stations like the Fort Ripley Quick Stop which offer basic amenities for locals. The cost of living in this area is affordable due to two bedroom rent being only $990 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Fort Ripley is below the US average at 99 versus 100 nationally.
Fort Ripley has an unemployment rate of 6.0%. The US average is 6.0%.
Fort Ripley has seen the job market increase by 5.1% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.
Tax Rates for Fort Ripley
- The Sales Tax Rate for Fort Ripley is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Fort Ripley 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 Fort Ripley
- The average income of a Fort Ripley resident is $26,760 a year. The US average is $28,555 a year.
- The Median household income of a Fort Ripley resident is $46,667 a year. The US average is $69,021 a year.