Lismore, MN Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Lismore, MN is a small town located in the Midwestern part of the United States. It is known for its affordable housing and cost of living. The average two-bedroom rent in Lismore is $800, which is significantly lower than the average two-bedroom rent in the US, which is $1,430. In addition to lower rent prices, living costs are also much lower in Lismore than elsewhere in the US; The Grocery Cost Index in Lismore is 93 versus 100 in the US.
The small community of Lismore has a lot to offer its inhabitants with several local businesses and attractions. Some notable local companies include Belling Millworks Inc., a family owned business that specializes in custom millwork pieces; Anderson's Hardware, a family-run hardware store offering quality tools and supplies; and LaMotte Pizza & Wing Co., a locally owned pizzeria featuring homemade pizza and wings. Other attractions include Sue Ryan Park, hosting many sports activities such as disc golf; Tomahawk Golf Course - one of Minnesota's oldest courses; and Skateland Roller Rink - an old fashion roller rink with fun activities for all ages.

Lismore has an unemployment rate of 3.7%. The US average is 6.0%.

Lismore has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Lismore
- The Sales Tax Rate for Lismore is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Lismore 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 Lismore
- The average income of a Lismore resident is $21,504 a year. The US average is $28,555 a year.
- The Median household income of a Lismore resident is $51,397 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLismore, MinnesotaUnited States
  3.76
  2.2%-6.2%
  22.7%33.5%
  6.9%6.2%
  7.1%4.6%
  $26,679$37,638
  $51,397$69,021
  $51,750$85,028
  Population by Occupation
  2.4%1.2%
  0.0%0.5%
  3.0%6.8%
  40.1%10.0%
  1.2%2.5%
  12.6%11.0%
  6.6%4.8%
  0.0%0.8%
  3.0%1.9%
  1.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.0%4.2%
  0.6%9.3%
  12.6%14.0%
  0.6%2.1%
  3.6%7.0%
  8.4%4.8%
  0.6%4.7%
Health
Compare Lismore, MN
cost of living
Compare food, housing, utilities, and more in Lismore, Minnesota to any other city in the US.