Lanesburgh, MN is a small town located in Minnesota. It has a low cost of living, with two bedroom rent costing $1,230 compared to the US average of $1,430. The grocery cost index is also lower than the US average, with it being equal at 100. There are several local companies that operate in Lanesburgh such as Miller's Pharmacy, Joe O'Briens Automotive and Hometown Hardware. These businesses provide services and goods to the residents of Lanesburgh while helping to keep the town vibrant and prosperous.
Lanesburgh has an unemployment rate of 6.8%. The US average is 6.0%.
Lanesburgh 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 31.0%, which is lower than the US average of 33.5%.
Tax Rates for Lanesburgh
- The Sales Tax Rate for Lanesburgh is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lanesburgh 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 Lanesburgh
- The average income of a Lanesburgh resident is $30,510 a year. The US average is $28,555 a year.
- The Median household income of a Lanesburgh resident is $116,250 a year. The US average is $69,021 a year.