Lynd, Minnesota is a small town located in Lyon County. It is a great location for those looking for a quiet and affordable place to live. The 2 bedroom rent in Lynd is $840, which is much lower than the US average of $1,430. This makes it an economical choice for people looking to move to the area. Grocery costs in Lynd are also relatively low with an index score of 93 compared to the US average of 100.
The town also has some local businesses such as Jim's Bar & Grill and Lyons Country Store that offer great food options and services. Lynd also offers easy access to larger cities, such as Sioux Falls and Minneapolis which makes it a convenient town for commuters. All in all, Lynd provides a great cost of living while still allowing residents access to big city amenities.
Lynd has an unemployment rate of 4.2%. The US average is 6.0%.
Lynd has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Lynd
- The Sales Tax Rate for Lynd is 7.4%. The US average is 7.3%.
- The Income Tax Rate for Lynd 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 Lynd
- The average income of a Lynd resident is $25,757 a year. The US average is $28,555 a year.
- The Median household income of a Lynd resident is $57,500 a year. The US average is $69,021 a year.