Huntsville, MN is a small town located in the heart of Minnesota. It is known for its friendly people and laid-back lifestyle. The cost of living in Huntsville is relatively affordable, with two bedroom rents averaging $810 per month, which is much lower than the US average of $1,430. Additionally, grocery cost index in Huntsville has been reported to be the same as the national average.
The town is home to several businesses that cater to locals and visitors alike. Examples of these companies include: Lakeside Home Center, a family owned and operated business specializing in all your home improvement needs; Birkeland Pharmacy, a full-service pharmacy offering all your prescription and medication needs; and Gail’s Artisan Bakery & Cafe, an artisan bakery serving up delicious baked goods crafted from just-picked produce sourced from local farms.
Overall, Huntsville offers residents an affordable cost of living while still providing access to necessary amenities such as grocery stores, pharmacies, restaurants, and more. The lower rent rates make it an attractive place to live for those on a budget while still enjoying the peace and quiet that comes with small town living.
Huntsville has an unemployment rate of 4.9%. The US average is 6.0%.
Huntsville 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 Huntsville
- The Sales Tax Rate for Huntsville is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Huntsville 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 Huntsville
- The average income of a Huntsville resident is $34,731 a year. The US average is $28,555 a year.
- The Median household income of a Huntsville resident is $110,938 a year. The US average is $69,021 a year.