Helgeland, MN is a small town with a population of around 5,000 people. It is located in the northwest corner of Minnesota. The town is home to several local companies such as Helgeland Manufacturing and Helgeland Auto Mall. The average two bedroom rental rate in Helgeland is $940 per month which is significantly lower than the national average of $1,430. Additionally, grocery costs are slightly lower in Helgeland compared to other parts of the country with an index score of 95 versus 100 nationally. In summary, the cost of living in Helgeland is cheaper than other towns due to its low rental rates and grocery prices making it a great option for those looking to save money on their housing and food costs.
Helgeland has an unemployment rate of 4.9%. The US average is 6.0%.
Helgeland has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Helgeland
- The Sales Tax Rate for Helgeland is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Helgeland 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 Helgeland
- The average income of a Helgeland resident is $38,668 a year. The US average is $28,555 a year.
- The Median household income of a Helgeland resident is $47,083 a year. The US average is $69,021 a year.