Lessor, MN is a small town in the midwest region of the United States. It is known for its low cost of living and friendly people. The 2 bedroom rent here is only $830 compared to the US average of $1430 making it an attractive place for those looking to save money while still having access to the same amenities as larger cities. Additionally, grocery costs are 95 compared to 100 in the US making it an even more appealing environment for families looking for a cheaper option. Local businesses that can be found in Lessor, MN include Johnson Department Store, Hicks Hardware Store, Dorothy’s Café and Smith Roofing Company.
Lessor has an unemployment rate of 4.9%. The US average is 6.0%.
Lessor 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 Lessor
- The Sales Tax Rate for Lessor is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Lessor 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 Lessor
- The average income of a Lessor resident is $25,314 a year. The US average is $28,555 a year.
- The Median household income of a Lessor resident is $71,667 a year. The US average is $69,021 a year.