Friberg, MN is a small yet thriving town, offering affordable rent and cost of living. Two bedroom apartments in Friberg are just $860 per month on average, compared to the US average of $1,430. Grocery costs in Friberg are also cheaper than the national average. This makes Friberg an attractive place to live. The town is home to local businesses such as The Farm Store, Jaxon's Jewelry and Gifts, and Fritz's Ice Cream Parlor. With its low cost of living and family-friendly atmosphere, Friberg is an ideal place to call home.
Friberg has an unemployment rate of 5.3%. The US average is 6.0%.
Friberg has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Friberg
- The Sales Tax Rate for Friberg is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Friberg 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 Friberg
- The average income of a Friberg resident is $31,703 a year. The US average is $28,555 a year.
- The Median household income of a Friberg resident is $87,604 a year. The US average is $69,021 a year.