Glenville, MN is a small city located in Minnesota with a population of around 500 people. It offers an affordable living cost compared to the US average which makes it attractive for those that want to save money. The rent for two-bedroom apartments in Glenville is about $900 per month while the national average is about $1,430. Additionally, the Grocery Cost Index in Glenville is 95 compared to 100 nationally. Despite being a small town, there are several local companies in the area such as B&L Auto Repair, Anderson Gardens Nursery and Landscaping, and D&D Family Market. These companies provide employment opportunities for local residents which help boost their economic situation and give them financial stability.
Glenville has an unemployment rate of 4.5%. The US average is 6.0%.
Glenville has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 22.6%, which is lower than the US average of 33.5%.
Tax Rates for Glenville
- The Sales Tax Rate for Glenville is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Glenville 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 Glenville
- The average income of a Glenville resident is $23,276 a year. The US average is $28,555 a year.
- The Median household income of a Glenville resident is $44,306 a year. The US average is $69,021 a year.