Lien, MN is a quiet suburb located near Minneapolis. It has a population of about 4,000 people and offers a low cost of living compared to the US average. The rent for a two-bedroom in Lien is only $830 while the average for the US is $1,430. The local Grocery Cost Index is 96 versus 100 in the US overall. \nThe city of Lien features numerous local businesses, restaurants, and landmarks that make it an attractive place to live and visit. Notable companies include Federal Cartridge Company which manufactures ammunition and other components for firearms and Target Corporation which operates discount department stores. Popular restaurants in Lien include Kieser's Kitchen & Taphouse and Pearl Lake West Cafe while notable landmarks are the City Hall Park and the Nickelodeon Universe amusement park at Mall of America.
Lien has an unemployment rate of 5.4%. The US average is 6.0%.
Lien 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 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Lien
- The Sales Tax Rate for Lien is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lien 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 Lien
- The average income of a Lien resident is $25,443 a year. The US average is $28,555 a year.
- The Median household income of a Lien resident is $76,250 a year. The US average is $69,021 a year.