Louriston, MN is a small town with an inviting atmosphere. The cost of living in Louriston is much lower than the national average, making it an attractive option for those looking to save money on rent and groceries. Residents of Louriston can enjoy numerous local businesses and amenities such as the Flair restaurant, the New Beginning Books & Gifts bookstore, and the Nature's Park trailhead. In addition to these establishments, there are several shopping malls, a handful of grocery stores, and a variety of other cultural attractions in the area. With so much to do and see in Louriston, residents are sure to find something that fits their interests.
Louriston has an unemployment rate of 4.4%. The US average is 6.0%.
Louriston has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 24.4%, which is lower than the US average of 33.5%.
Tax Rates for Louriston
- The Sales Tax Rate for Louriston is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Louriston 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 Louriston
- The average income of a Louriston resident is $32,993 a year. The US average is $28,555 a year.
- The Median household income of a Louriston resident is $67,250 a year. The US average is $69,021 a year.