Greenfield, MN is an attractive place to live for many reasons. It has a lower cost of living than the US average in many aspects, such as rent for two-bedroom apartments which is $1,260 compared to the national average of $1,430. The Grocery Cost Index for Greenfield is 103 versus 100 in the US. Local businesses include True Value Hardware, Ole’s Store and Café, and Greenfield Auto Repair - all of which provide excellent service. Additionally, this city is located near popular outdoor activities like fishing on Lake Rebecca or spending time at one of the nearby parks. With its low cost of living and many local amenities, Greenfield is a great place to call home.
Greenfield has an unemployment rate of 4.2%. The US average is 6.0%.
Greenfield has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Greenfield
- The Sales Tax Rate for Greenfield is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Greenfield 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 Greenfield
- The average income of a Greenfield resident is $51,585 a year. The US average is $28,555 a year.
- The Median household income of a Greenfield resident is $131,642 a year. The US average is $69,021 a year.