Harmony, MN is a small city located in southeastern Minnesota with a population of 1,020. It is an ideal place for those who are looking for an affordable lifestyle, as the 2 bedroom rent in the city is $910 compared to the US average of $1,430. The cost of groceries is also lower than the US average with a grocery cost index score of 96 versus 100. There are several local companies which provide various services at a very reasonable price such as Harmony Nails & Spa where you can get your nails done starting from just 8$, Harmony Bakery that offers fresh pastries and cakes at a low price, and Harmony Supermarket that has great deals on groceries. All these businesses plus lower rent costs make Harmony an attractive place to live at an affordable cost of living.
Harmony has an unemployment rate of 4.7%. The US average is 6.0%.
Harmony has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Harmony
- The Sales Tax Rate for Harmony is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Harmony 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 Harmony
- The average income of a Harmony resident is $22,237 a year. The US average is $28,555 a year.
- The Median household income of a Harmony resident is $63,750 a year. The US average is $69,021 a year.