Jay, MN is a small town located in Ramsey County. It is home to many local businesses such as Jay Coffee House, The Hideaway Bar & Grill, and The Craft House Boutique. Residents of Jay, MN enjoy affordable living costs with two bedroom rent averaging $840 compared to the US average of $1,430. Grocery costs are also significantly cheaper than the national average at 94 versus 100 in the US. With its convenient location and affordable cost of living, Jay, MN is an ideal place to call home.
Jay has an unemployment rate of 4.3%. The US average is 6.0%.
Jay has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Jay
- The Sales Tax Rate for Jay is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Jay 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 Jay
- The average income of a Jay resident is $28,691 a year. The US average is $28,555 a year.
- The Median household income of a Jay resident is $90,000 a year. The US average is $69,021 a year.