Good Thunder, MN is a small town located in Faribault County. It has a population of about 900 people and offers many amenities as well as great opportunities for work. The housing market is especially attractive with 2 Bedroom rent coming in at just $880 per month, significantly lower than the US average of $1,430. Other living costs are also more affordable here with the Grocery Cost Index hitting 98 versus 100 in the US on average. People who live here have plenty to do with local businesses such as Herrick Pharmacy, Good Thunder Lanes Bowling Alley, and P&K Parts & Service offering entertainment, food, drinks, gasoline, and automotive parts.
Good Thunder has an unemployment rate of 3.9%. The US average is 6.0%.
Good Thunder has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.
Tax Rates for Good Thunder
- The Sales Tax Rate for Good Thunder is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Good Thunder 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 Good Thunder
- The average income of a Good Thunder resident is $26,441 a year. The US average is $28,555 a year.
- The Median household income of a Good Thunder resident is $74,167 a year. The US average is $69,021 a year.