French, MN is a small rural town located in Minnesota with a population of 310 people as of 2019. The cost of living in French, MN is quite low compared to the US average. The 2-bedroom rent in French, MN is about $830 per month which is much lower than the national average where the 2-bedroom rent averages around $1,430. Additionally, the grocery cost index in French, MN is 102 versus 100 in the US. There are many local companies that contribute to the economy including American Legion Post 282, French Township Hall, and Pelican Rapids Schools among others. With its low cost of living and contribution from local businesses, French, MN offers an excellent quality of life for its residents.
French has an unemployment rate of 4.8%. The US average is 6.0%.
French 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 29.9%, which is lower than the US average of 33.5%.
Tax Rates for French
- The Sales Tax Rate for French is 7.4%. The US average is 7.3%.
- The Income Tax Rate for French 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 French
- The average income of a French resident is $38,665 a year. The US average is $28,555 a year.
- The Median household income of a French resident is $75,625 a year. The US average is $69,021 a year.